MANILA, Jan. 31 (Xinhua) -- The Philippines' foreign investments yielded net inflows of 17.932 billion U.S. dollars in 2024, a 39.2 percent increase from 2023, the Philippine central bank said Friday.
The bank said 54.2 percent of these investments were in peso government securities, while the balance was invested in the Philippine Stock Exchange-listed securities.
The bank's data showed that the United Kingdom, Singapore, the United States, Luxembourg, and China's Hong Kong were the top five investors during the year, with a combined share of 86.3 percent.
Recorded outflows hit 15.829 billion dollars for 2024, 20.5 percent more than 2023.
The bank said 96 percent of these outflows represented capital repatriation, while the remaining 4 percent pertained to the remittance of earnings. ■