totaled US$3.094 billion in the second quarter for 2019, thus expanding 108.4% compared to the same period last year (US$1.485 billion), the Central Reserve Bank (BCR) reported on Wednesday.
According to BCR, this result helped FDI post a recovery in the first half of this year, as it amounted to US$5.504 billion, a 31.2% increase compared to the similar term in 2018.
In the first quarter, FDI recorded US$2.410 billion, which represented a decrease of 11% compared to the same period last year.
FDI per sectors
It should be noted the sectors that led the flow of foreign direct investment were energy and others (US$1.494 billion), non-financial services (US$607 million), mining (US$328 million), manufacturing (US$316 million), financial sector (US$307 million), and hydrocarbons (US$42 million).
Investment in portfolio
On the other hand, the foreign portfolio investments (mainly aimed at the Lima Stock Exchange) reached US$660 million in the second quarter of 2019, a 633.3% expansion compared to the same period last year.
Financial account
Likewise, BCR reported that the financial account of the public sector had a positive result by US$2.058 billion (3.5% of GDP).
(END) RGP/JJN/DTK/MVB