FOREIGN DIRECT INVESTMENT                        
Balance of Payments and International Investment Position, 6th Edition (BPM6) Concept *                    
in million U.S. dollars                        
  Levels   Growth Rates  
  2018 p   2019 p 2018 p 2019 p 2019 p  
  Jan Feb   Jan Feb   Jan-Feb   Feb Jan-Feb  
   
Net Incurrence of Liabilities :  
   Non-Resident Investments in the Philippines 986 621 609 746 1607 1355 20.2 -15.7  
   
Equity and investment fund shares 545 166 31 312 710 343 88.0 -51.7  
   
Equity other than reinvestment of earnings 473 96 -45 233 569 188 141.7 -67.1  
Placements 531 114 184 258 645 442 126.3 -31.5  
Withdrawals 58 18 229 25 76 255 42.1 236.5  
   
Reinvestment of earnings 71 69 76 79 141 155 13.7 10.1  
   
Debt instruments, net 441 455 577 435 896 1012 -4.5 12.9  
                         
*  Net FDI flows refer to non-residents' net equity capital (i.e., placements less withdrawals) + reinvestment of earnings + debt instruments (i.e., net intercompany borrowings).    
P Preliminary  
Details may not add up to total due to rounding.