Philippines vs Sub-Saharan Africa (excluding high income): Foreign direct investment, net outflows

Philippines
1.60 billion BoP, current US$
in 2025
Sub-Saharan Africa (excluding high income)
-2.63 billion BoP, current US$
in 2025
Philippines rank
44th
Sub-Saharan Africa (excluding high income) rank
43rd

Foreign direct investment, net outflows over time

  • Philippines
  • Sub-Saharan Africa (excluding high income)
-5.0B05.0B10.0B197019972025

How they compare

Philippines currently reports 1.60 billion BoP, current US$ against -2.63 billion BoP, current US$ in Sub-Saharan Africa (excluding high income), a difference of 4.23 billion BoP, current US$.

The two have swapped places 9 times across 49 shared years of data; in 1977 it was Sub-Saharan Africa (excluding high income) ahead.

Philippines ranks 44th and Sub-Saharan Africa (excluding high income) ranks 43rd of 192 countries.

Across the 6 decades both report, Philippines averaged higher in 1 and Sub-Saharan Africa (excluding high income) in 5.

Head to head by decade

Decade Philippines Sub-Saharan Africa (excluding high income) Difference Ahead
1970s 333,333 BoP, current US$ 129.67 million BoP, current US$ 129.34 million BoP, current US$ Sub-Saharan Africa (excluding high income)
1980s 38.30 million BoP, current US$ 425.26 million BoP, current US$ 386.96 million BoP, current US$ Sub-Saharan Africa (excluding high income)
1990s 241.80 million BoP, current US$ 1.68 billion BoP, current US$ 1.43 billion BoP, current US$ Sub-Saharan Africa (excluding high income)
2000s 1.20 billion BoP, current US$ 2.00 billion BoP, current US$ 797.70 million BoP, current US$ Sub-Saharan Africa (excluding high income)
2010s 3.83 billion BoP, current US$ 8.06 billion BoP, current US$ 4.23 billion BoP, current US$ Sub-Saharan Africa (excluding high income)
2020s 2.92 billion BoP, current US$ 834.45 million BoP, current US$ 2.08 billion BoP, current US$ Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher foreign direct investment, net outflows, Philippines or Sub-Saharan Africa (excluding high income)?
Philippines, at 1.60 billion BoP, current US$ against -2.63 billion BoP, current US$ in Sub-Saharan Africa (excluding high income) as of 2025.
What is the difference in foreign direct investment, net outflows between Philippines and Sub-Saharan Africa (excluding high income)?
4.23 billion BoP, current US$, with Philippines ahead.
How many years of comparable data are there for Philippines and Sub-Saharan Africa (excluding high income)?
49 years are reported by both, from 1977 to 2025.
How do Philippines and Sub-Saharan Africa (excluding high income) rank globally for foreign direct investment, net outflows?
Philippines ranks 44th and Sub-Saharan Africa (excluding high income) ranks 43rd of 192 countries.
Where does this data come from?
Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D, published as Foreign direct investment, net outflows (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Philippines vs Sub-Saharan Africa (excluding high income): Foreign direct investment, net outflows. Statizoid, drawing on Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/foreign-direct-investment-net-outflows-bop-current-us/philippines/sub-saharan-africa-excluding-high-income/

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About this data

Indicator
Foreign direct investment, net outflows (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
239 places, 10,039 data points, 1970–2025
Last refreshed

Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars.