Pakistan recorded net Foreign Direct Investment (FDI) of $170 million in December 2024, reflecting a 33% decline compared to $252 million in the same month last year. The drop was driven by lower inflows and a sharp rise in outflows during the month.
FDI inflows in December 2024 stood at $244 million, down 16% from $289 million in December 2023. Meanwhile, outflows surged to $74 million, marking a 101% increase compared to $37 million in the corresponding period last year.
Despite the decline in December, net FDI inflows for the first half of FY25 (1HFY25) rose 20% year-on-year (YoY) to $1.32 billion, compared to $1.1 billion in 1HFY24. This growth highlights a positive trend in foreign investment during the fiscal year’s first half.
China remained the largest contributor to FDI during 1HFY25, with inflows of $536 million. Other significant contributors included Hong Kong ($134 million), the United Kingdom ($130 million), Switzerland ($100 million), and Canada ($32 million).
The power sector attracted the highest FDI during 1HFY25, receiving $488 million in inflows. This was followed by the financial business sector, which secured $353 million, and the oil and gas exploration sector, which attracted $167 million.