D.1.

Third Quarter 2014

Foreign direct investments (FDI) in the Balance of Payments (BOP) as compiled by the Bangko Sentral ng Pilipinas (BSP) recorded a net inflow of US$ 1.4
billion in Q3 2014, higher by 40.0 percent from US$ 1.0 billion in the same period a year ago.
Equity other than reinvestment of earnings posted US$ 446.0 million. On the other hand, reinvestment of earnings and net debt instruments recorded
positive US$ 178.0 million and US$ 803.0 million, respectively.
Figure 1. Balance of Payments FDI (in million US$)
Q3 2013 and Q3 2014

Sour
ce: BSP

In peso terms, FDI net inflows for Q3 2014 amounted to PhP 62.3 billion, up by 40.4 percent from PhP 44.4 billion in the same period last year
D.1.2

January to September 2014

As reported by the BSP, net FDI inflows for the first nine months of the year amounted to US$ 4.9 billion, higher by 60.4 percent compared to US$ 3.0
billion recorded in the same period in 2013. Equity other than reinvestment of earnings during the period reached US$ 1.1 billion, higher by 77.4 percent
compared to US$ 642.0 million in the previous year.
Net inflows of reinvestment of earnings reached US$ 650.0 million, higher by 70.2 percent than US$ 382.0 million posted in the previous year.
Meanwhile, net debt instruments registered an inflow of positive US$ 3.1 billion in the first nine months of 2014.
Figure 2. Balance of Payments FDI (in million US$)
January to September, 2013 and 2014

Source: BSP

In peso terms, FDI in the BOP during the period January to September 2014 recorded a net inflow of PhP 216.0 billion, increasing by 70.6 percent from a
net inflow of PhP 126.6 billion in the same period last year.

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1
2

BSP media release dated September 10, 2014

Using monthly average buying and selling rates downloaded from BSP website.