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 Foreign Investments, US$858 Million

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PostSubject: Foreign Investments, US$858 Million   Fri Sep 16, 2011 11:11 am

According to the Bangko Sentral ng Pilipinas (BSP), foreign direct equity investments in the country amounted to US$857.8 million in 2001, or 39 percent lower than US$1.398 billion in 2000.

The ADB said that the Philippines had the third lowest gross domestic investments as a percentage of the gross domestic product (GDP) in the entire Asian region. The country's investment ratio to the GDP was placed at 16.6 percent in 2001, or only higher than that of Pakistan at 14.7 percent and Cambodia at 16.2 percent. China topped all East Asian economies with an investment ratio to the GDP of 36.3 percent.
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