PH GDP growth became more investment-led in 2018 — DOF 0 SHARES Share it! “It is distinguished from a foreign portfolio investment by a notion of direct control. Portfolio investment is referred to as ‘hot money’ because it can leave anytime,” he added. As a percentage of GDP, the ratio of portfolio investment to the economy rose from 0.1 percent in 2016 to 0.6 percent in 2018. Note also that this rose from 21.5 percent of capital formation in 2017 to 27.0 percent in 2018.

Source: Manila Bulletin February 02, 2019 13:52 UTC