Foreign direct investment (FDI) inflows into the Philippines fell to a net $590 million in February 2026, down from $855 million recorded in the same month last year, according to data released by the Bangko Sentral ng Pilipinas (BSP).
The decline also pulled down the country’s total FDI inflows for the first two months of the year.
From January to February 2026, net FDI inflows reached $1.03 billion, significantly lower than the $1.58 billion posted during the same period in 2025, BSP data showed.
The central bank said the investments mainly came in the form of equity capital placements, with Japan, the United States, and Singapore emerging as the top sources of foreign investments during the period.
These investments were largely directed toward the manufacturing, financial and insurance, and real estate sectors.
According to the BSP, FDI data refers to investments made by foreign companies or individuals in Philippine-based firms where they own at least 10 percent equity stake, indicating long-term business interest and participation.
The data also includes capital transfers and funding support from foreign parent companies to their Philippine affiliates.
FDIs are closely monitored as they are considered an indicator of investor confidence and long-term economic activity in the country.