NET FOREIGN DIRECT INVESTMENT FLOWS (BPM6)*                    
  By Country of Origin                        
  In million U.S. dollars                        
  For periods indicated                        
                           
  Annual January-March  
  Country of Origin Levels Levels Growth Rates (In %)  
  2017 2018 2019 2020 2021 p 2021 p 2022 p 2022 p  
                             
                             
  JAPAN 72.13 85.55 304.74 720.51 581.23 119.42 142.18 19.06  
  NORTH AMERICA 467.73 177.30 292.76 158.59 141.60 46.30 41.71 -9.91  
  USA 472.86 184.63 295.99 161.62 150.05 48.22 47.70 -1.08  
  Canada -5.12 -7.33 -3.23 -3.03 -8.45 -1.91 -5.98 -212.60  
  EUROPE of which: 1,800.74 363.14 382.54 326.47 47.91 24.56 22.70 -7.58  
  United Kingdom 9.40 43.16 9.05 43.33 15.77 4.43 5.44 23.02  
  European Union 1: 1,774.17 312.04 350.71 277.42 25.72 19.24 11.18 -41.92  
  Austria -0.07 0.46 1.71 2.94 0.16 0.11 0.02 -80.04  
  Belgium 0.49 0.74 7.63 1.70 3.76 -0.02 0.19 859.68  
  Denmark 0.01 -0.79 5.00 0.66 0.49 0.06 . -94.45  
  Finland 0.08 0.22 0.22 0.06 0.11 0.08 . -96.22  
  France 11.01 5.77 14.00 5.52 4.43 1.10 -0.67 -161.35  
  Germany 57.46 58.68 41.95 12.95 32.76 22.58 2.75 -87.82  
  Greece 0.02 0.04 . 0.05 0.09 -0.01 0.11 1,216.80  
  Ireland 0.95 0.44 0.31 2.14 0.96 0.18 . -97.72  
  Italy 3.41 2.76 3.39 0.44 -0.62 0.17 0.34 96.89  
  Luxembourg 41.57 94.86 6.28 0.16 1.45 1.66 0.10 -94.03  
  Netherlands 1,656.42 120.48 265.10 245.39 -28.38 -10.96 8.31 175.82  
  Portugal -0.02 0.09 0.02 0.04 -0.09 . . 45.97  
  Spain 2.21 14.16 4.37 1.88 4.34 0.20 0.01 -93.18  
  Sweden 0.64 14.11 0.74 3.48 6.24 4.09 . -99.91  
  Other EU 2 3.11 1.13 0.82 1.22 0.18 0.20 0.27 32.88  
  Czech Republic (Czechoslovakia) 0.11 0.07 0.11 0.06 0.12 0.01 0.01 -51.96  
  Cyprus 0.06 0.04 0.03 0.57 0.34 0.15 -0.01 -105.09  
  Estonia 0.02 0.02 0.01 0.01 0.01 0.01 0.00 -100.00  
  Hungary . 0.50 0.00 0.08 -0.20 0.00 0.01 --  
  Latvia 0.00 0.00 . . 0.00 0.00 0.00 --  
  Lithuania 0.00 0.03 0.00 0.00 -0.20 0.00 0.00 --  
  Malta 0.38 0.02 -0.20 0.27 0.06 0.03 0.03 0.94  
  Poland 0.14 0.22 0.65 0.22 0.05 . 0.23 10,805.03  
  Slovenia 2.40 0.23 0.22 0.01 0.00 0.00 0.00 --  
  Slovakia (Slovak Republic) . 0.01 0.01 0.01 . . . -7.96  
  Other Europe 3 14.06 6.81 21.97 4.50 6.24 0.69 5.81 737.65  
  Other Western Europe 13.94 6.70 21.73 4.35 5.97 0.53 5.56 948.35  
  Gilbraltar . 0.00 0.11 0.01 0.00 0.00 0.00 --  
  Iceland 0.09 0.24 0.19 0.10 0.11 0.02 0.08 331.32  
  Liechtenstein 0.00 0.00 0.06 0.09 0.25 0.01 0.03 89.53  
  Norway 0.75 0.29 -1.81 -0.11 0.20 -0.09 2.61 3,001.74  
  Switzerland 13.09 6.17 23.19 4.26 5.40 0.59 2.84 383.82  
  Central and Eastern Europe 0.12 0.11 0.23 0.15 0.27 0.16 0.26 55.73  
  Albania 0.00 0.02 0.00 0.00 0.00 0.00 0.00 --  
  Belarus 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Croatia 0.06 0.03 0.04 0.02 0.02 0.01 0.00 -100.00  
  Romania 0.06 0.07 0.07 0.01 0.04 0.01 0.01 21.06  
  Russian Federation 0.00 . 0.11 0.11 0.21 0.15 0.25 65.90  
  Ukraine 0.00 0.00 0.01 0.01 0.00 0.00 0.00 --  
  ASIA of which 4: 110.02 210.38 283.62 70.55 17.50 7.36 44.11 499.27  
  China 28.79 199.38 276.35 58.90 17.46 5.71 4.31 -24.45  
  India 8.81 0.58 -1.96 2.17 1.09 0.86 0.05 -94.12  
  Pakistan 0.00 0.01 . -0.01 -0.01 -0.01 0.00 100.00  
  Other Asia 5 72.42 10.40 9.24 9.48 -1.04 0.80 39.75 4,867.14  
  West Asia 69.23 4.79 4.39 8.06 4.45 0.21 39.58 19,008.38  
  Bahrain 0.11 0.23 0.07 -0.08 0.60 . 0.02 1,911.73  
  Iran, Islamic Republic 0.00 0.00 . 0.00 0.00 0.00 0.00 --  
  Iraq 0.06 0.04 0.00 0.00 0.00 0.00 0.00 --  
  Jordan . . 0.08 0.13 0.00 0.00 0.00 --  
  Kuwait 60.02 -0.06 0.23 5.00 -0.03 0.01 38.39 367,147.62  
  Lebanon 0.37 0.34 0.10 0.02 0.01 0.00 0.02 --  
  Oman . 0.00 0.09 0.01 0.02 0.00 0.01 --  
  Saudi Arabia 3.79 2.54 1.60 1.19 0.55 0.16 0.03 -79.48  
  Syrian Arab Republic (Syria) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Turkey 0.11 0.25 0.73 0.60 0.40 0.02 0.22 1,108.20  
  United Arab Emirates (Dubai) 4.77 1.46 1.50 1.18 2.90 0.02 0.88 4,129.52  
  Yemen 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Central Asia 0.08 0.00 -0.25 0.06 -0.06 0.01 . -71.03  
  Armenia 0.00 0.00 . 0.00 0.00 0.00 0.00 --  
  Azerbaijan . 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Kazakhstan 0.08 0.00 -0.25 0.06 -0.06 0.01 . -71.03  
  Kyrgystan . 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Tajikistan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Turkmenistan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Uzbekistan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  South and East Asia 3.11 5.61 5.09 1.36 -5.42 0.59 0.17 -71.66  
  Afghanistan 0.01 0.00 . 0.00 0.00 0.00 0.00 --  
  Bangladesh . . 0.00 . 0.01 0.01 0.00 -100.00  
  Korea,  Dem People's Rep. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Macau 2.71 9.66 4.99 1.26 -5.59 0.55 0.15 -72.50  
  Maldives 0.16 0.31 0.08 0.07 0.10 0.03 0.02 -47.58  
  Mongolia 0.23 0.05 0.03 0.03 0.00 0.00 0.00 --  
  Nepal 0.00 0.00 . 0.00 0.00 0.00 0.00 --  
  Sri Lanka . -4.41 -0.01 0.00 0.06 . 0.00 -100.00  
  ASIA NEWLY INDUSTRIALIZED 203.79 490.25 288.22 98.24 102.57 15.28 12.97 -15.13  
  ECONOMIES (ANIES)  
  South Korea (ROK) 13.02 60.17 175.08 10.92 9.69 1.64 1.17 -29.08  
  Hong Kong 107.56 271.71 49.81 28.14 66.28 8.48 8.24 -2.89  
    Taiwan (ROC)   83.22 158.36 63.33 59.19 26.60   5.15 3.57   -30.82  
  ASEAN 725.51 1,070.23 662.22 295.75 794.48 512.44 39.71 -92.25  
  Brunei Darussalam 0.75 -0.06 . 0.22 0.17 0.05 -0.03 -149.55  
  Cambodia (Kampuchea) 0.03 0.19 0.01 0.33 0.43 0.10 0.08 -16.67  
  Indonesia 4.80 3.57 1.63 3.25 10.76 5.37 0.06 -98.87  
  Lao PDR 0.00 0.03 . 0.00 . 0.00 0.00 --  
  Malaysia 17.95 -16.66 43.37 21.24 18.55 8.46 9.80 15.84  
  Myanmar (Burma) 0.01 0.00 0.00 0.06 0.01 0.01 0.00 -100.00  
  Singapore 687.43 1,011.02 545.10 237.11 761.00 498.15 29.19 -94.14  
  Thailand 14.11 69.84 68.90 32.86 2.48 0.29 0.59 103.15  
  Viet Nam 0.43 2.30 3.21 0.69 1.08 . 0.01 245.54  
  AUSTRALASIA -2.84 -105.91 -1.91 -3.79 -7.64 -1.33 1.66 224.63  
  Australia -2.64 -104.53 -1.49 -2.45 -6.08 -0.47 1.86 495.94  
  New Zealand -0.20 -1.38 -0.42 -1.34 -1.56 -0.86 -0.20 77.07  
  CENTRAL AND SOUTH AMERICA 7.35 37.47 5.59 2.79 2.54 0.32 2.18 573.92  
  Argentina 0.00 0.07 0.15 0.24 0.06 0.02 0.00 -100.00  
  Brazil 0.20 0.01 0.00 0.00 0.05 0.05 0.00 -100.00  
  Mexico 0.04 0.01 0.01 0.06 0.05 0.04 0.01 -76.67  
  Panama 0.50 0.01 0.17 0.93 0.40 0.13 0.04 -69.87  
  Other Central & South America 6 6.61 37.37 5.25 1.56 1.98 0.09 2.13 2,354.05  
  Central America 6.58 37.21 4.97 0.85 1.70 0.08 2.09 2,678.98  
  Belize 0.73 0.38 0.02 0.00 0.00 0.00 0.00 --  
  Costa Rica . 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Cuba 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Dominican Republic 0.00 0.00 0.00 0.00 0.00 0.00 0.08 --  
  El Salvador 0.00 0.01 0.00 0.00 0.00 0.00 0.00 --  
  Guatemala 0.01 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Haiti 0.01 0.02 0.02 . 0.01 0.00 0.00 --  
  Honduras 0.01 0.05 0.24 . 0.01 0.00 . --  
  Jamaica 0.62 0.05 0.03 0.03 0.11 0.01 0.00 -100.00  
  Nicaragua 0.00 0.21 0.01 0.00 0.01 0.01 0.00 -100.00  
  Bahamas 0.04 0.06 0.04 0.09 0.00 0.00 0.00 --  
  British Virgin Island 5.15 36.44 4.60 0.73 1.55 0.05 2.00 3,664.01  
  South America 0.03 0.15 0.28 0.71 0.28 0.01 0.04 248.39  
  Bolivia 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Chile 0.03 0.00 0.01 0.00 0.25 0.00 0.03 --  
  Colombia 0.01 0.09 0.00 0.71 0.00 0.00 0.01 --  
  Equador 0.00 0.00 -0.02 0.00 0.01 0.01 0.00 -100.00  
  Guyana 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Paraguay 0.00 0.04 0.00 0.00 0.03 0.00 0.00 --  
  Peru . 0.01 0.27 . . . 0.00 -100.00  
  Suriname 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Uruguay 0.00 0.01 0.02 0.00 0.00 0.00 0.00 --  
  Venezuela 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  OTHERS of which: 13.43 17.24 77.40 37.20 38.18 8.31 3.30 -60.24  
  Bermuda 0.51 0.40 0.82 0.60 0.60 0.28 0.15 -44.38  
  British Oceana 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Cayman Islands 7.06 7.63 17.03 22.18 10.59 7.25 0.43 -94.09  
  Channel Islands 0.00 . 0.00 0.00 0.00 0.00 0.00 --  
  Cook Islands 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Europe, NES -1.79 . 0.00 0.00 0.00 0.00 0.00 --  
  Guam (Marianas Is.) 0.38 0.20 0.09 0.06 0.02 -0.08 0.05 167.74  
  Irian (West Barat) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Isle of Man 0.00 0.00 0.00 0.09 0.19 0.04 0.07 72.13  
  Mauritius 0.01 0.00 48.00 0.00 . . 0.00 -100.00  
  Other Countries 7 7.27 9.01 11.45 14.27 26.77 0.82 2.60 218.69  
  Unclassified 8 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  JOINT COUNTRIES 9 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  INTERNATIONAL ORGANISATION 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
   
  EQUITY OTHER THAN REINVESTMENT OF EARNINGS, NET 3,397.88 2,345.64 2,295.17 1,706.31 1,718.36 732.67 310.54 -57.62  
   
  REINVESTMENT OF EARNINGS ** 862.62 896.57 1,132.01 944.20 1,272.28 235.82 229.49 -2.68  
   
  DEBT INSTRUMENTS** 5,995.94 6,706.39 5,244.18 4,171.62 7,527.40 1,422.77 1,899.00 33.47  
   
  T O TA L 10,256.44 9,948.60 8,671.37 6,822.13 10,518.04 2,391.26 2,439.02 2.00  
                             
                             
   Notes:  
  *    The BSP adopted the Balance of Payment, 6th edition (BPM6) compilation framework effective 22 March 2013 with the release of the full-year 2012 and revised 2011 BOP statistics.  On 21 March 2014, the BSP released the BPM6-based series. In BPM6, net FDI flows refer to non-residents' equity capital (i.e., placements less withdrawals)  +  reinvestment of earnings + debt instruments, net (i.e.,net intercompany loans).  
  **  Country breakdown statistics are not available.  
  p Preliminary  
  . Rounds off to zero  
  -- Undefined/Indeterminate growth rate  
  1 The United Kingdom (UK) left the European Union (EU) effective 1 January 2021. For comparability across periods, data prior to January 2021 were revised to reflect the UK's exit from EU.  
  2 Refers to the new EU member-countries (as of 2004).  
  3 Refers to other Western, Central and Eastern Europe.  
  4 Excludes Japan, ANIES and ASEAN  
  5 Refers to Western, Central, South & East Asia, except ANIEs and ASEAN.  
  6 Refers to other Central & South America.  
  7 Other countries not specified.  
  8 Covers non-residents' equity capital investments in non-banks sourced from the Cross-Border Transactions Survey and in local banks and other non-residents' investments wherein country breakdown statistics are not available.  
  9 Refers to joint investment projects among two or more foreign investors.  
Details may not add up to total due to rounding.