NET FOREIGN DIRECT INVESTMENT FLOWS (BPM6)*                    
  By Country of Origin                        
  In million U.S. dollars                        
  For periods indicated                        
                           
  Country of Origin Annual January-March  
  Levels Levels Growth Rates (In %)  
  2016 2017 2018 2019 2020 p 2020 p 2021 p 2021 p  
                             
                             
  JAPAN 1,088.39 72.13 85.55 304.74 698.72 273.74 113.82 -58.42  
  NORTH AMERICA 79.09 467.73 177.30 292.76 158.58 33.46 46.28 38.32  
  USA 84.01 472.86 184.63 295.99 161.61 33.66 48.19 43.19  
  Canada -4.92 -5.12 -7.33 -3.23 -3.03 -0.20 -1.91 -862.13  
  EUROPE of which: 123.37 1,800.74 363.14 382.54 323.90 297.92 24.56 -91.75  
  United Kingdom -203.38 9.40 43.16 9.05 42.47 1.73 4.43 156.27  
  European Union 1: 310.19 1,774.17 312.04 350.71 277.26 293.69 19.24 -93.45  
  Austria 1.03 -0.07 0.46 1.71 2.94 0.13 0.11 -15.93  
  Belgium -5.27 0.49 0.74 7.63 1.70 0.90 -0.02 -102.73  
  Denmark 0.22 0.01 -0.79 5.00 0.66 0.18 0.06 -66.27  
  Finland 0.09 0.08 0.22 0.22 0.06 0.02 0.08 222.91  
  France 29.48 11.01 5.77 14.00 5.45 1.46 1.10 -25.12  
  Germany 109.74 57.46 58.68 41.95 12.95 2.26 22.58 899.62  
  Greece 0.01 0.02 0.04 . 0.05 0.05 -0.01 -118.59  
  Ireland 0.85 0.95 0.44 0.31 2.14 0.54 0.18 -66.02  
  Italy 6.80 3.41 2.76 3.39 0.44 0.39 0.17 -55.63  
  Luxembourg 2.53 41.57 94.86 6.28 0.16 0.02 1.66 6,816.31  
  Netherlands 88.16 1,656.42 120.48 265.10 245.39 283.89 -10.96 -103.86  
  Portugal 0.22 -0.02 0.09 0.02 0.04 0.00 . --  
  Spain 75.88 2.21 14.16 4.37 1.88 0.73 0.20 -72.16  
  Sweden 0.43 0.64 14.11 0.74 3.40 3.09 4.09 32.04  
  Other EU 2 11.28 3.11 1.13 0.82 1.02 0.75 0.20 -73.01  
  Czech Republic (Czechoslovakia) 10.09 0.11 0.07 0.11 0.06 0.01 0.01 26.28  
  Cyprus 0.06 0.06 0.04 0.03 0.57 0.51 0.15 -71.34  
  Estonia 0.01 0.02 0.02 0.01 0.01 0.01 0.01 78.79  
  Hungary 0.00 . 0.50 0.00 0.08 0.00 0.00 --  
  Latvia 0.00 0.00 0.00 . . 0.00 0.00 --  
  Lithuania 0.00 0.00 0.03 0.00 0.00 0.00 0.00 --  
  Malta 0.45 0.38 0.02 -0.20 0.06 0.02 0.03 30.28  
  Poland 0.36 0.14 0.22 0.65 0.22 0.19 . -98.89  
  Slovenia 0.00 2.40 0.23 0.22 0.01 0.01 0.00 -100.00  
  Slovakia (Slovak Republic) 0.32 . 0.01 0.01 0.01 . . 127.03  
  Other Europe 3 5.29 14.06 6.81 21.97 3.15 1.76 0.69 -60.46  
  Other Western Europe 4.90 13.94 6.70 21.73 3.00 1.75 0.53 -69.63  
  Gilbraltar 0.00 . 0.00 0.11 0.01 0.00 0.00 --  
  Iceland 0.02 0.09 0.24 0.19 0.10 0.03 0.02 -42.21  
  Liechtenstein 0.00 0.00 0.00 0.06 0.09 0.04 0.01 -61.36  
  Norway 0.71 0.75 0.29 -1.81 -0.11 -0.11 -0.09 16.17  
  Switzerland 4.17 13.09 6.17 23.19 2.91 1.79 0.59 -67.08  
  Central and Eastern Europe 0.39 0.12 0.11 0.23 0.15 0.01 0.16 1,645.20  
  Albania 0.00 0.00 0.02 0.00 0.00 0.00 0.00 --  
  Belarus 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Croatia 0.00 0.06 0.03 0.04 0.02 . 0.01 220.19  
  Romania 0.37 0.06 0.07 0.07 0.01 . 0.01 245.38  
  Russian Federation 0.01 0.00 . 0.11 0.11 . 0.15 3,032.65  
  Ukraine 0.00 0.00 0.00 0.01 0.01 0.00 0.00 --  
  ASIA of which 4: 22.87 110.02 210.38 283.62 63.55 5.43 7.37 35.65  
  China 10.77 28.79 199.38 276.35 52.15 2.53 5.72 126.28  
  India 3.26 8.81 0.58 -1.96 1.92 1.08 0.86 -20.39  
  Pakistan 0.00 0.00 0.01 . -0.01 -0.01 -0.01 -63.93  
  Other Asia 5 8.84 72.42 10.40 9.24 9.48 1.83 0.80 -56.29  
  West Asia 8.29 69.23 4.79 4.39 8.06 1.47 0.21 -85.87  
  Bahrain 0.17 0.11 0.23 0.07 -0.08 -0.04 . 102.57  
  Iran, Islamic Republic 0.00 0.00 0.00 . 0.00 0.00 0.00 --  
  Iraq 0.05 0.06 0.04 0.00 0.00 0.00 0.00 --  
  Jordan 0.05 . . 0.08 0.13 0.00 0.00 --  
  Kuwait -0.15 60.02 -0.06 0.23 5.00 . 0.01 2,611.91  
  Lebanon 0.30 0.37 0.34 0.10 0.02 . 0.00 -100.00  
  Oman 0.06 . 0.00 0.09 0.01 0.01 0.00 -100.00  
  Saudi Arabia 4.72 3.79 2.54 1.60 1.19 0.33 0.16 -52.18  
  Syrian Arab Republic (Syria) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Turkey 0.20 0.11 0.25 0.73 0.60 0.46 0.02 -96.02  
  United Arab Emirates (Dubai) 2.89 4.77 1.46 1.50 1.18 0.71 0.02 -97.07  
  Yemen 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Central Asia 0.13 0.08 0.00 -0.25 0.06 0.00 0.01 --  
  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 0.13 0.08 0.00 -0.25 0.06 0.00 0.01 --  
  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 0.42 3.11 5.61 5.09 1.36 0.37 0.59 60.95  
  Afghanistan 0.00 0.01 0.00 . 0.00 0.00 0.00 --  
  Bangladesh 0.00 . . 0.00 . . 0.01 1,640.00  
  Korea,  Dem People's Rep. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Macau 0.37 2.71 9.66 4.99 1.26 0.32 0.55 70.68  
  Maldives 0.03 0.16 0.31 0.08 0.07 0.04 0.03 -11.31  
  Mongolia 0.00 0.23 0.05 0.03 0.03 0.01 0.00 -100.00  
  Nepal 0.00 0.00 0.00 . 0.00 0.00 0.00 --  
  Sri Lanka 0.01 . -4.41 -0.01 0.00 0.00 . --  
  ASIA NEWLY INDUSTRIALIZED 918.16 203.79 490.25 288.22 97.39 61.74 15.28 -75.25  
  ECONOMIES (ANIES)  
  South Korea (ROK) 100.84 13.02 60.17 175.08 10.92 7.75 1.64 -78.80  
  Hong Kong 627.03 107.56 271.71 49.81 27.92 15.84 8.48 -46.43  
    Taiwan (ROC)   190.29 83.22 158.36 63.33 58.55   38.15 5.15   -86.49  
  ASEAN 269.43 725.51 1,070.23 662.22 97.96 90.33 506.63 460.88  
  Brunei Darussalam 0.29 0.75 -0.06 . 0.22 0.11 0.05 -51.72  
  Cambodia (Kampuchea) 0.57 0.03 0.19 0.01 0.33 0.01 0.10 1,532.00  
  Indonesia 6.50 4.80 3.57 1.63 3.25 1.93 5.37 178.98  
  Lao PDR 0.00 0.00 0.03 . 0.00 0.00 0.00 --  
  Malaysia 3.34 17.95 -16.66 43.37 21.24 2.59 8.46 226.55  
  Myanmar (Burma) 0.00 0.01 0.00 0.00 0.06 0.00 0.01 --  
  Singapore 231.11 687.43 1,011.02 545.10 71.14 84.75 492.35 480.94  
  Thailand 26.82 14.11 69.84 68.90 1.03 0.27 0.29 7.57  
  Viet Nam 0.81 0.43 2.30 3.21 0.69 0.68 . -99.62  
  AUSTRALASIA 6.25 -2.84 -105.91 -1.91 -3.79 -1.50 -1.33 11.00  
  Australia 5.98 -2.64 -104.53 -1.49 -2.45 -0.83 -0.47 43.56  
  New Zealand 0.27 -0.20 -1.38 -0.42 -1.34 -0.67 -0.86 -29.67  
  CENTRAL AND SOUTH AMERICA 77.93 7.35 37.47 5.59 2.17 -20.89 0.32 101.55  
  Argentina 0.00 0.00 0.07 0.15 0.24 0.02 0.02 29.03  
  Brazil -0.11 0.20 0.01 0.00 0.00 0.00 0.05 --  
  Mexico 0.01 0.04 0.01 0.01 0.06 0.00 0.04 --  
  Panama 0.11 0.50 0.01 0.17 0.93 0.57 0.13 -76.91  
  Other Central & South America 6 77.91 6.61 37.37 5.25 0.94 -21.48 0.09 100.40  
  Central America 77.58 6.58 37.21 4.97 0.23 -21.48 0.08 100.35  
  Belize 0.11 0.73 0.38 0.02 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 0.00 --  
  El Salvador 0.00 0.00 0.01 0.00 0.00 0.00 0.00 --  
  Guatamela 0.00 0.01 0.00 0.00 0.00 0.00 0.00 --  
  Haiti 0.00 0.01 0.02 0.02 . . 0.00 -100.00  
  Honduras 0.00 0.01 0.05 0.24 . 0.00 0.00 --  
  Jamaica 0.01 0.62 0.05 0.03 0.03 . 0.01 189.51  
  Nicaragua 0.00 0.00 0.21 0.01 0.00 0.00 0.01 --  
  Bahamas 74.00 0.04 0.06 0.04 0.09 . 0.00 -100.00  
  British Virgin Island 3.46 5.15 36.44 4.60 0.11 -21.49 0.05 100.25  
  South America 0.33 0.03 0.15 0.28 0.71 . 0.01 1,900.22  
  Bolivia 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Chile 0.00 0.03 0.00 0.01 0.00 0.00 0.00 --  
  Colombia -0.01 0.01 0.09 0.00 0.71 0.00 0.00 --  
  Equador 0.00 0.00 0.00 -0.02 0.00 0.00 0.01 --  
  Guyana 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Paraguay 0.00 0.00 0.04 0.00 0.00 0.00 0.00 --  
  Peru 0.00 . 0.01 0.27 . . . 34.48  
  Suriname 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Uruguay 0.00 0.00 0.01 0.02 0.00 0.00 0.00 --  
  Venezuela 0.34 0.00 0.00 0.00 0.00 0.00 0.00 --  
  OTHERS of which: 6.57 13.43 17.24 77.40 37.20 13.29 8.31 -37.50  
  Bermuda 0.44 0.51 0.40 0.82 0.60 0.22 0.28 27.16  
  British Oceana 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Cayman Islands 0.70 7.06 7.63 17.03 22.18 3.40 7.25 113.40  
  Channel Islands 0.00 0.00 . 0.00 0.00 0.00 0.00 --  
  Cook Islands 0.22 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Europe, NES -0.28 -1.79 . 0.00 0.00 0.00 0.00 --  
  Guam (Marianas Is.) 0.06 0.38 0.20 0.09 0.06 0.26 -0.08 -129.85  
  Irian (West Barat) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --  
  Isle of Man 3.41 0.00 0.00 0.00 0.09 0.00 0.04 --  
  Mauritius 0.02 0.01 0.00 48.00 0.00 0.00 . --  
  Other Countries 7 2.00 7.27 9.01 11.45 14.27 9.42 0.82 -91.33  
  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 2,592.05 3,397.88 2,345.64 2,295.17 1,475.69 753.52 721.24 -4.28  
   
  REINVESTMENT OF EARNINGS ** 710.19 862.62 896.57 1,132.01 977.99 213.43 225.01 5.43  
   
  DEBT INSTRUMENTS** 4,977.30 5,995.94 6,706.39 5,244.18 4,088.58 671.16 1,430.74 113.17  
   
  T O TA L 8,279.55 10,256.44 9,948.60 8,671.37 6,542.26 1,638.11 2,376.99 45.11  
                             
                             
   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  
  -- Infinite 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.