I.- SECTOR MONETARIO, BANCARIO Y FINANCIERO
1.- INDICADORES MONETARIOS
1.01
Base Monetaria
11
1.02
Origen de la Liquidez Total
12
1.03
Origen de la Liquidez Total - Desagregado
13
1.04
Destino del Medio Circulante y de la Liquidez Total
14
1.05
Agregados Monetarios
15
1.06
Multiplicadores de la Base Monetaria
16
1.07
Factores de Expansión y Contracción del Dinero
17
1.08
Variación de los Factores de Expansión y Contracción del Dinero
18
,
2.- BALANCES CONSOLIDADOS
2.01
Del Sistema Financiero
21
2.02
Del Sistema Bancario
23
2.03
Del Sistema Monetario
25
2.04
Del Banco Central de Bolivia
28
2.05
De Bancos Comerciales
30
2.06
Del Banco del Estado
32
2.07
De Bancos Comerciales Privados
34
2.08
De Bancos Especializados
36
2.09
De Banco de Desarrollo Productivo
38
2.10
De Fondos Financieros
39
2.11
De Cooperativas
41
2.12
De Mutuales de Ahorro y Préstamo
43
3.- FINANCIAMIENTO
Concedido por:
3.01
Sistema Bancario - Por Bancos
47
3.02
Sistema Bancario - Por Sectores Económicos
48
3.03
Sistema Bancario al Sector Privado - Por Sectores Económicos y Bancos
49
3.04
Sistema Bancario al Sector Privado - Por Departamentos y Bancos
50
3.05
Banco Central al Sistema Bancario
51
3.06
Banco Central al Sistema Financiero - Por Bancos
52
3.07
Banco Central al Sector Público
53
3.08
Bancos Comerciales
54
3.09
Banco del Estado
55
3.10
Bancos Comerciales Privados
56
3.11
Bancos Especializados
57
3.12
Mutuales de Ahorro y Préstamo - Por Sectores Económicos
58
3.13
Cooperativas - Por Sectores Económicos
59
3.14
Fondos Financieros - Por Sectores Económicos
60
3.15
Financiamiento Concedido por el Resto del Sistema Financiero al
61
Sector Privado - Por Sectores Económicos y Entidad
Í N D I C E
4.- DEPÓSITOS
4.01
Cuenta Corriente en el Sistema Bancario - Por Departamentos y Bancos
65
4.02
Caja de Ahorros en el Sistema Bancario - Por Departamentos y Bancos
66
4.03
Plazo Fijo en el Sistema Bancario - Por Departamentos y Bancos
67
4.04
Plazo Fijo en el Sistema Bancario - Por Monedas y Bancos
68
4.05
Caja de Ahorros en el Sistema Bancario - Por Monedas y Bancos
69
4.06
Cuenta Corriente en el Sistema Bancario - Por Monedas y Bancos
70
4.07
En el Sistema Bancario - Por Departamentos y Bancos
71
4.08
En el Sistema Bancario - Por Monedas y Bancos
72
4.09
En el Sistema Bancario - Por Cuentas y Departamentos
73
4.10
En el Sistema Bancario - Por Cuentas y Bancos - Clasificación
74
4.11
En Cajas de Ahorros en otras Entidades Financieras No Bancarias
75
4.12
A Plazo Fijo en otras Entidades Financieras No Bancarias
76
4.13
En el Resto del Sistema Financiero - Por Monedas y Entidades
77
4.14
En el Resto del Sistema Financiero - Por Entidades y Tipo de Depósito
78
4.15
Certificados de Depósito y Letras del Tesoro General de la Nación
79
5.- TASAS DE INTERÉS NOMINALES Y EFECTIVAS
5.01
Pasivas del Sistema Financiero en Moneda Nacional
83
5.02
Pasivas del Sistema Financiero Caja de Ahorro
84
5.03
Pasivas del Sistema Financiero en Moneda Extranjera
85
5.04
Pasivas del Sistema Financiero en MN con Mantenimiento de Valor
86
5.05
Pasivas del Sistema Financiero en MN indexada a la UFV
87
5.06
Activas Anuales por Destino del Crédito en el Sistema Financiero
88
5.07
Activas del Sistema Financiero en Moneda Nacional
89
5.08
Activas del Sistema Financiero en Moneda Extranjera
90
5.09
Activas del Sistema Financiero en MN con Mantenimiento de Valor
91
5.10
Activas del Sistema Financiero en MN indexada a la UFV
92
5.11
Reales del Sistema Bancario
93
5.12
Para Letras de Tesorería - LT
94
6.- ENCAJE LEGAL
6.01
Del Sistema Bancario - Moneda Nacional
97
6.02
Del Sistema Bancario - Moneda Extranjera
98
6.03
Del Sistema Bancario - MN con Mantenimiento de Valor
99
6.04
Del Sistema Bancario - MN con Mantenimiento de Valor con relación a la UFV
100
7.-
CUENTAS CONTINGENTES
7.01
Banca Comercial
103
II.- SECTOR EXTERNO
8.- ACTIVOS INTERNACIONALES
8.01
Reservas Internacionales del Sistema Bancario Consolidado
109
8.02
Reservas Internacionales del Banco Central de Bolivia
110
8.03
Balanza Cambiaria
111
8.04
Balanza Cambiaria - Detallada
112
8.05
Ingreso de Divisas
113
8.06
Egreso de Divisas
114
9.- COMERCIO EXTERIOR
9.01
Balanza de Pagos
117
9.02
Balanza Comercial
118
9.03
Estructura de las Exportaciones - Valor Oficial
119
9.04
Exportación de Minerales - Valor Oficial
120
9.05
Exportación de Minerales - Volumen
121
9.06
Exportación de Minerales - Valor Unitario
122
9.07
Exportación de Minerales - Índice de Valor (Base 1990 = 100)
123
9.08
Exportación de Minerales - Índice de Quántum (Base 1990 = 100)
124
9.09
Exportación de Minerales - Índice de Valor Unitario
125
9.10
Exportación de Hidrocarburos
126
9.11
Exportación de Productos No Tradicionales - Valor oficial
127
9.12
Exportación de Productos No Tradicionales - Volumen
128
9.13
Exportación de Productos No Tradicionales - Valor Unitario
129
9.14
Exportación por Zonas Económicas - Valores CIF
130
9.15
Importación de Bienes - Según Uso o Destino Económico
131
9.16
Importación Por Zonas Económicas - Valores CIF
132
10.- DEUDA EXTERNA PÚBLICA DE MEDIANO Y LARGO PLAZO
10.01
Saldo Adeudado por Acreedor
135
10.02
Desembolsos por Acreedor
136
10.03
Servicio de la Deuda por Acreedor
137
10.04
Transferencia Neta por Acreedor
138
10.05
Saldo Adeudado por Deudor
139
10.06
Desembolsos por Deudor
140
10.07
Servicio de la Deuda por Deudor
141
10.08
Transferencia Neta por Deudor
142
DEUDA EXTERNA PRIVADA DE CORTO Y LARGO PLAZO
10.09
Saldo Adeudado Total por Acreedor y Plazo
145
10.10
Saldo Adeudado Total por Sector y Plazo
146
10.11
Saldo Adeudado Total por Sector y Actividad Económica
147
10.12
Desembolsos Totales por Acreedor y Plazo
148
10.13
Desembolsos Totales por Sector y Plazo
149
10.14
Desembolsos Totales por Sector y Actividad Económica
150
10.15
Servicio Total de la Deuda por Acreedor y Plazo
151
10.16
Servicio Total de la Deuda por Sector y Plazo
152
10.17
Servicio Total de la Deuda (Corto Plazo + Largo Plazo, Amortizaciones +
153
Intereses) por Sector y Actividad Económica
11.- TIPOS DE CAMBIO
11.01
Cotización de Monedas en $us por Unidad Monetaria
157
11.02
Cotización de Monedas Extranjeras en Bolivianos por Unidad Monetaria
158
11.03
Promedio del Tipo de Cambio Oficial y Paralelo
159
11.04
Tipo de Cambio Oficial
160
11.05
Tipo de Cambio Paralelo
160
11.06
Tipo de Cambio Oficial Diario
161
11.07
En el Mercado Paralelo - Venta
162
11.08
En el Mercado Paralelo - Compra
163
12.- TASAS DE INTERÉS Y PRECIOS
12.01
Tasas de Reporto y Fondos RAL
167
12.02
Tasas Interbancarias
168
12.03
Tasas de Encaje Legal
169
12.04
Tasas Libor
170
12.05
Tasa PRIME RATE
171
12.06
Cotización Oficial de los Principales Minerales
172
III.- SECTOR FISCAL
13.01
Operaciones Consolidadas del Sector Público
175
13.02
Recaudación de Impuestos Internos - Por Fuente de Ingreso
176
13.03
Recaudación de Impuestos Internos - Por Departamentos
177
13.04
Registro Nacional Único de Contribuyentes - Por Tipo de Régimen
178
13.05
Financiamiento al Sector Público por Instituciones
179
IV.- SECTOR REAL
14.- PRODUCTO INTERNO BRUTO (PIB)
14.01
Por Rama de Actividad (1990-2002)
185
14.02
Tasa de Crecimiento del PIB por Rama de Actividad (1999-2009)
186
14.03
Participación en el Producto Interno Bruto Real (1999-2009)
187
14.04
Producto Interno Bruto por Tipo de Gasto (1999-2009)
188
14.05
Tasas de Crecimiento del PIB por Tipo de Gasto (1999-2009)
189
14.06
Participación del PIB por Tipo de Gasto (1999-2009)
190
15.- ÍNDICE DE PRECIOS AL CONSUMIDOR (IPC)
15.01
Índice de Precios al Consumidor (Base 1991=100)
193
15.02
Índice General de Precios al Consumidor (Base 1980=100)
194
15.03
Variación del Índice General de Precios al Consumidor
195
15.04
Tasa acumulativa anual del Índice General de Precios al Consumidor
196
CUADRO N° 1.01
Reservas Reservas Obligaciones Crédito Neto Otras BASE Billetes y
Mo-Internacionales Internacionales con el exterior al Sector CD+LT "D"+BT"D" Cuentas MONETARIA nedas en Poder
Netas Brutas a corto plazo Público Total Netas del Público
RIN = RIB - OECP RIB OECP CNSP CB=BCL+OEF BCL BE y OEF (1)
CLB(2)
(OC) C MN UFV ME TOTAL
2003 7.631.109 8.571.642 940.533 2.262.455 2.497.080 2.326.422 170.658 165.831 (6.987.167) 5.237.647 3.193.035 965.415 1.079.196 2.044.611 2004 (3) 9.031.338 10.224.679 1.193.341 1.905.031 2.182.130 2.458.306 (276.176) 535.051 (6.814.230) 5.769.218 3.865.381 1.195.564 708.273 1.903.837 2005 13.713.293 14.387.088 673.795 688.091 2.071.439 2.296.622 (225.183) 710.091 (7.880.025) 7.882.707 5.594.201 1.710.202 29.334 548.971 2.288.506 2006 (4) 25.209.363 25.327.896 118.533 (6.146.739) 2.015.643 2.238.544 (222.901) 1.922.997 (7.928.165) 11.227.106 8.012.031 2.428.848 70.884 715.344 3.215.075 2007 40.266.643 40.261.197 (5.446) (8.061.803) 2.118.621 2.417.225 (298.604) 7.647.982 (9.217.185) 17.458.294 13.117.459 3.351.259 180.600 808.975 4.340.834 2008 53.822.520 53.823.581 1.061 (11.931.858) 1.681.223 1.961.185 (279.962) 15.462.308 (5.817.077) 22.292.500 15.807.424 4.063.848 844.505 1.576.723 6.485.076 2009 59.803.316 59.806.023 2.707 (12.037.862) 1.363.711 1.700.108 (336.397) 10.916.883 (8.644.191) 29.568.091 17.079.537 10.203.934 417.022 1.867.598 12.488.554 2010 ENE 59.651.822 59.651.552 (270) (12.046.326) 1.345.658 1.699.842 (354.184) 9.254.632 (8.343.662) 31.352.860 16.393.511 12.114.576 392.771 2.452.001 14.959.349 FEB 59.408.860 59.408.061 (799) (11.898.433) 1.166.485 1.515.614 (349.128) 8.552.009 (8.258.578) 31.866.325 16.132.999 12.246.474 282.464 3.204.388 15.733.326 MAR 58.877.965 58.886.238 8.272 (12.534.190) 1.191.801 1.514.662 (322.861) 7.742.689 (8.058.052) 31.734.835 16.082.228 11.958.110 192.091 3.502.406 15.652.608 ABR 58.828.476 58.827.998 (479) (14.535.737) 1.170.984 1.514.533 (343.550) 7.101.086 (8.205.404) 30.157.232 16.364.132 10.513.347 260.084 3.019.669 13.793.100 MAY 58.936.172 58.940.264 4.092 (14.921.374) 1.166.096 1.513.741 (347.645) 7.017.797 (7.759.772) 30.403.324 16.657.145 10.766.872 282.886 2.696.422 13.746.179 JUN 59.505.108 59.499.654 (5.454) (16.051.878) 1.186.149 1.510.981 (324.832) 6.894.360 (7.841.730) 29.903.289 16.848.031 10.008.424 254.110 2.792.724 13.055.259 JUL 60.059.586 60.062.575 2.989 (17.451.956) 1.149.029 1.511.699 (362.670) 6.715.767 (8.142.192) 28.898.701 17.128.772 8.841.677 251.873 2.676.379 11.769.929 AGO 60.898.116 60.907.225 9.109 (18.695.844) 1.162.700 1.511.361 (348.661) 6.616.042 (8.129.280) 28.619.650 17.032.519 8.604.347 248.268 2.734.515 11.587.131 SEP 63.137.502 63.137.187 (315) (19.622.557) 1.181.413 1.512.135 (330.722) 6.831.080 (9.209.136) 28.656.142 17.150.346 8.352.655 246.166 2.906.975 11.505.796 OCT 64.177.562 64.175.800 (1.762) (20.206.231) 1.158.326 1.512.378 (354.052) 7.297.223 (9.653.952) 28.178.483 17.589.634 7.247.626 237.547 3.103.677 10.588.849 NOV 64.544.093 64.546.841 2.749 (20.380.591) 1.158.088 1.509.561 (351.473) 7.563.933 (8.967.800) 28.789.856 18.243.160 7.214.076 234.875 3.097.745 10.546.696 DIC 67.523.804 67.527.618 3.814 (19.033.717) 1.292.932 1.540.134 (247.202) 8.033.230 (9.172.314) 32.577.475 22.484.784 8.624.557 256.637 1.211.497 10.092.691 2011 ENE 69.511.895 69.509.261 (2.634) (20.395.683) 1.165.867 1.505.482 (339.615) 8.405.553 (8.917.947) 32.958.579 21.237.392 8.617.751 251.430 2.852.006 11.721.187 FEB 71.670.840 71.665.471 (5.370) (21.398.483) 1.166.556 1.501.260 (334.703) 9.201.525 (9.483.391) 32.753.998 20.926.813 8.136.050 265.122 3.426.013 11.827.185 MAR 72.352.563 72.345.938 (6.625) (20.515.376) 1.096.133 1.497.238 (401.105) 9.898.914 (9.715.907) 33.318.499 20.716.929 8.174.944 278.644 4.147.983 12.601.570 ABR 74.080.943 74.069.134 (11.809) (22.720.669) 1.135.944 1.520.633 (384.689) 11.097.921 (11.218.754) 30.179.544 21.172.659 5.699.657 111.465 3.195.763 9.006.885 MAY 73.562.655 73.562.134 (521) (24.039.985) 1.298.666 1.620.242 (321.576) 10.673.731 (10.759.662) 29.387.941 21.479.376 5.167.255 98.107 2.643.203 7.908.566 JUN 73.969.250 73.968.048 (1.203) (23.153.206) 1.135.082 1.460.589 (325.507) 10.264.382 (10.528.976) 31.157.769 22.239.756 6.136.590 69.817 2.711.605 8.918.013 JUL 75.822.954 75.822.000 (954) (24.583.660) 1.190.865 1.508.389 (317.525) 9.795.498 (11.197.159) 31.437.502 22.681.374 6.277.737 54.931 2.423.460 8.756.128 AGO 79.912.282 79.934.836 22.554 (25.793.167) 1.181.445 1.458.494 (277.049) 9.581.445 (13.083.976) 32.635.140 22.914.441 7.027.371 55.046 2.638.282 9.720.699 SEP 78.373.953 78.372.483 (1.471) (26.182.201) 1.173.215 1.457.809 (284.594) 9.050.849 (9.994.050) 34.320.068 23.192.246 7.993.729 55.713 3.078.380 11.127.822
FUENTE : BANCO CENTRAL DE BOLIVIA - GERENCIA DE ADMINISTRACIÓN - SUBGERENCIA DE CONTABILIDAD ELABORACIÓN : BANCO CENTRAL DE BOLIVIA - ASESORÍA DE POLÍTICA ECONÓMICA - SECTOR MONETARIO Y FISCAL
NOTAS Cifras referidas al Banco Central de Bolivia
: (1) Incluye préstamos del BCB al Fondo de Desarrollo del Sistema Financiero y de Apoyo al Sector Productivo (FONDESIF) y a la Nacional Financiera Boliviana (NAFIBO), menos las obligaciones del BCB con el FONDESIF y NAFIBO. : (2) Títulos de regulación monetaria
(3) Devolución de los activos y pasivos al TGN, de la línea 1925 BO.
(4) La condonación de la deuda con el FMI en el marco de la Iniciativa Multilateral de Alivio de Deuda del Grupo de los Ocho ha generado incremento en RIN. (19/01/06) La aplicación de normas internacionales (31/01/06) ha generado una disminución de RIN por $us161.1 millones, al reclasificar el activo con el FLAR, como otro activo externo
Por recomendaciones de la Misión de Estadísticas del FMI, de abril de 2006, se realizaron reclasificaciones que se tradujeron en un nuevo cálculo de la Base Monetaria. Las acciones se tomaron desde enero de 2006.
RIN + CNSP + CB - CLB - SRD + OC = BM = C + RB (BM) Saldos a fin de: Crédito a Bancos O R I G E N
(En miles de bolivianos)
B A S E M O N E T A R I A
D E S T I N O Reservas Bancarias
ORIGEN DE LA LIQUIDEZ TOTAL
(1)
C R É D I T O N E T O A L S E C T O R P Ú B L I C O
Activos Obligaciones Activos Crédito Otras LIQUIDEZ
Externos con el Exterior a Externos Gobierno Gobiernos Seguridad Empresas al Sector Cuentas T O T A L
Brutos a Corto Plazo Netos Central Locales y Social Públicas Privado Netas
Regionales GLR 2000 11.283.374 2.346.513 8.936.860 2.409.972 -486.454 -256.199 -285.798 1.381.521 30.400.077 -12.705.469 28.012.989 2001 12.877.447 881.486 11.995.961 3.894.808 -684.828 -169.458 -480.408 2.560.114 28.621.727 -11.836.441 31.341.361 2002 11.688.769 1.017.198 10.671.571 5.388.185 -898.438 -108.263 -160.618 4.220.865 28.957.116 -13.878.561 29.970.990 2003 13.444.175 1.190.429 12.253.746 6.094.009 -1.194.276 -185.455 -119.365 4.594.913 29.616.978 -14.633.858 31.831.779 2004 15.041.172 1.503.189 13.537.983 6.748.416 -1.514.056 -296.846 -140.505 4.797.009 29.322.417 -14.910.660 32.746.749 2005 21.128.691 826.718 20.301.973 6.707.364 -3.092.647 -306.019 -104.857 3.203.841 30.248.991 -17.552.915 36.201.889 2006 32.560.983 213.140 32.347.843 2.240.878 -4.732.336 -440.701 -1.299.489 -4.231.650 31.961.753 -17.481.958 42.595.989 2007 46.187.680 116.385 46.071.296 337.706 -5.703.721 -670.383 -642.107 -6.678.504 34.976.581 -19.121.881 55.247.491 2008 60.367.261 149.155 60.218.106 -528.561 -6.060.150 -1.071.736 -3.502.400 -11.162.849 37.528.962 -18.945.478 67.638.742 2009 70.332.306 112.561 70.219.745 -2.321.816 -4.904.529 -1.448.086 -1.393.816 -10.068.247 41.213.600 -22.174.114 79.190.984 2010 ENE 70.158.714 102.571 70.056.142 -2.660.481 -4.813.349 -1.549.651 -1.339.941 -10.363.422 41.055.645 -21.382.847 79.365.519 FEB 69.389.211 131.644 69.257.567 -1.861.050 -4.924.228 -1.557.653 -1.848.676 -10.191.607 41.238.713 -20.742.471 79.562.202 MAR 69.103.853 105.608 68.998.246 -2.984.323 -4.820.154 -1.508.751 -1.564.928 -10.878.156 41.683.774 -20.163.344 79.640.520 ABR 69.300.784 82.865 69.217.919 -4.967.548 -5.129.933 -1.552.649 -1.381.684 -13.031.815 42.635.037 -19.633.864 79.187.277 MAY 69.460.266 347.399 69.112.867 -5.389.417 -4.843.418 -1.592.216 -1.375.413 -13.200.464 43.423.679 -19.089.557 80.246.525 JUN 69.305.083 91.096 69.213.988 -5.913.306 -5.493.769 -1.638.751 -1.320.998 -14.366.824 44.006.927 -19.194.250 79.659.841 JUL 70.249.187 97.101 70.152.085 -6.776.615 -5.997.420 -1.676.713 -1.355.522 -15.806.271 44.897.613 -19.467.578 79.775.849 AGO 71.005.143 117.746 70.887.397 -7.650.709 -6.400.326 -1.697.275 -1.344.507 -17.092.817 45.615.118 -19.369.332 80.040.366 SEP 73.296.092 92.386 73.203.706 -7.842.695 -6.800.754 -1.786.940 -1.426.502 -17.856.891 46.313.583 -20.652.926 81.007.472 OCT 74.853.174 74.755 74.778.419 -8.119.104 -7.250.690 -1.848.999 -1.346.310 -18.565.102 47.238.305 -21.384.734 82.066.888 NOV 75.378.016 84.484 75.293.532 -8.145.232 -7.456.245 -1.805.166 -1.361.013 -18.767.656 48.098.267 -21.035.537 83.588.606 DIC 77.599.178 105.928 77.493.250 -7.096.407 -7.149.160 -1.791.992 -1.400.834 -17.438.393 49.207.945 -21.917.011 87.345.792 2011 ENE 77.574.143 98.346 77.475.797 -8.172.768 -7.576.371 -1.843.931 -1.212.494 -18.805.565 49.180.835 -21.871.206 85.979.860 FEB 79.528.548 141.369 79.387.179 -8.621.251 -8.111.708 -1.860.738 -1.416.798 -20.010.495 49.657.953 -22.598.875 86.435.763 MAR 79.955.918 94.317 79.861.602 -9.007.065 -8.199.668 -1.888.493 -990.220 -20.085.446 50.475.809 -23.176.114 87.075.850 ABR 82.306.443 73.122 82.233.321 -11.145.317 -9.095.545 -1.967.254 -571.896 -22.780.012 51.626.496 -23.922.868 87.156.937 MAY 81.831.457 61.156 81.770.301 -11.414.641 -9.470.394 -2.051.447 -608.187 -23.544.668 53.315.905 -23.721.352 87.820.186 JUN 82.549.530 87.854 82.461.676 -10.420.000 -9.742.344 -2.012.689 -577.477 -22.752.509 54.478.785 -23.531.940 90.656.011 JUL 85.203.196 83.239 85.119.957 -11.527.083 -10.455.434 -2.088.718 -859.391 -24.930.626 55.541.347 -24.414.438 91.316.240 AGO 88.972.104 135.651 88.836.454 -11.849.929 -11.028.428 -2.111.471 -286.564 -25.276.393 56.431.600 -27.038.074 92.953.587 SEP 86.693.159 45.010 86.648.149 -12.037.130 -11.253.559 -2.095.705 -360.487 -25.746.880 57.419.070 -23.952.865 94.367.474 FUENTE : BANCO CENTRAL DE BOLIVIA - GERENCIA DE ADMINISTRACIÓN - SUBGERENCIA DE CONTABILIDAD
AUTORIDAD DE SUPERVISIÓN DEL SISTEMA FINANCIERO - BALANCES CONTABLES DE LOS BANCOS - BALANCES DE OTRAS ENTIDADES FINANCIERAS NO BANCARIAS ELABORACIÓN : BANCO CENTRAL DE BOLIVIA - ASESORÍA DE POLÍTICA ECONÓMICA - SECTOR MONETARIO Y FISCAL
NOTA : (1) Cifras referidas al Sistema Financiero
AEB - OECP = AEN AEN + CNSP + CSPr + OC = M'4
CNSP
AEB OECP AEN GC CSPr OC
(En miles de bolivianos)
Saldos
TOTAL fin de:
M'4
CUADRO N° 1.03
DESAGREGADO
(1)2009
1. ACTIVOS EXTERNOS NETOS 32.347.843 45.987.114 60.218.106 70.219.745 68.998.246 69.213.988 73.203.706 77.493.250 77.475.797 79.387.179 79.861.602 82.233.321 81.770.301 82.461.676 85.119.957 88.836.454 86.648.149
a) Activos externos Brutos 32.560.983 46.103.499 60.367.261 70.332.306 69.103.853 69.305.083 73.296.092 77.599.178 77.574.143 79.528.548 79.955.918 82.306.443 81.831.457 82.549.530 85.203.196 88.972.104 86.693.159 b) Obligaciones Externas a Corto Plazo -213.140 -116.385 -149.155 -112.561 -105.608 -91.096 -92.386 -105.928 -98.346 -141.369 -94.317 -73.122 -61.156 -87.854 -83.239 -135.651 -45.010
2. CRÉDITO NETO AL SECTOR PÚBLICO -4.231.650 -6.594.323 -11.162.849 -10.068.247 -10.878.156 -14.366.824 -17.856.891 -17.438.393 -18.805.565 -20.010.495 -20.085.446 -22.780.012 -23.544.668 -22.752.509 -24.930.626 -25.276.393 -25.746.880
a) Gobierno Central 2.240.878 421.887 -528.561 -2.321.816 -2.984.323 -5.913.306 -7.842.695 -7.096.407 -8.172.768 -8.621.251 -9.007.065 -11.145.317 -11.414.641 -10.420.000 -11.527.083 -11.849.929 -12.037.130 Crédito 8.455.630 8.235.929 10.050.224 11.703.323 11.507.573 11.509.435 11.633.913 12.015.305 11.957.877 11.959.171 11.460.472 10.907.582 10.847.431 10.791.174 10.807.539 10.913.928 10.846.959 Depósitos -6.214.753 -7.814.041 -10.578.786 -14.025.140 -14.491.896 -17.422.742 -19.476.608 -19.111.713 -20.130.645 -20.580.422 -20.467.537 -22.052.899 -22.262.072 -21.211.173 -22.334.621 -22.763.858 -22.884.089 Corrientes -5.465.097 -7.478.395 -10.252.305 -13.847.472 -14.282.119 -17.215.849 -19.236.031 -18.725.683 -19.626.223 -20.103.749 -20.045.037 -21.675.491 -21.573.971 -20.651.872 -21.797.781 -22.282.327 -22.263.402 Restringidos -449.423 -61.937 -65.997 -26.607 -66.103 -65.110 -103.549 -253.440 -374.960 -347.131 -294.150 -248.848 -565.736 -441.838 -424.945 -369.802 -510.041 Fideicomiso -300.233 -273.709 -260.483 -151.061 -143.674 -141.783 -137.028 -132.590 -129.462 -129.541 -128.349 -128.560 -122.366 -117.464 -111.896 -111.729 -110.647 b) Seguridad Social -440.701 -670.383 -1.071.736 -1.448.086 -1.508.751 -1.638.751 -1.786.940 -1.791.992 -1.843.931 -1.860.738 -1.888.493 -1.967.254 -2.051.447 -2.012.689 -2.088.718 -2.111.471 -2.095.705 Crédito 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Depósitos -440.701 -670.383 -1.071.736 -1.448.086 -1.508.751 -1.638.751 -1.786.940 -1.791.992 -1.843.931 -1.860.738 -1.888.493 -1.967.254 -2.051.447 -2.012.689 -2.088.718 -2.111.471 -2.095.705 Corrientes -440.311 -670.010 -1.071.393 -1.447.743 -1.508.408 -1.638.407 -1.786.596 -1.791.650 -1.843.589 -1.860.397 -1.888.153 -1.966.914 -2.051.107 -2.012.350 -2.088.379 -2.111.133 -2.095.366 Restringidos -391 -373 -343 -343 -343 -343 -343 -342 -342 -341 -340 -340 -340 -339 -339 -339 -339 c) Gobiernos Locales y Regionales -4.732.336 -5.703.721 -6.060.150 -4.904.529 -4.820.154 -5.493.769 -6.800.754 -7.149.160 -7.576.371 -8.111.708 -8.199.668 -9.095.545 -9.470.394 -9.742.344 -10.455.434 -11.028.428 -11.253.559
Crédito 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Depósitos -4.732.336 -5.703.721 -6.060.150 -4.904.529 -4.820.154 -5.493.769 -6.800.754 -7.149.160 -7.576.371 -8.111.708 -8.199.668 -9.095.545 -9.470.394 -9.742.344 -10.455.434 -11.028.428 -11.253.559 Corrientes -4.668.307 -5.632.022 -6.017.804 -4.861.030 -4.730.107 -5.411.973 -6.680.902 -7.050.652 -7.473.113 -7.990.444 -8.059.617 -8.944.665 -9.324.626 -9.608.883 -10.331.912 -10.891.566 -11.117.480 Restringidos -64.030 -71.698 -42.347 -43.500 -90.047 -81.796 -119.853 -98.507 -103.258 -121.263 -140.050 -150.880 -145.768 -133.461 -123.522 -136.862 -136.079 d) Empresas Públicas -1.299.489 -642.107 -3.502.400 -1.393.816 -1.564.928 -1.320.998 -1.426.502 -1.400.834 -1.212.494 -1.416.798 -990.220 -571.896 -608.187 -577.477 -859.391 -286.564 -360.487 Crédito 0 0 0 0 0 0 0 0 0 0 344.681 371.150 504.434 688.886 696.843 1.122.107 1.157.722 Depósitos -1.299.489 -642.107 -3.502.400 -1.393.816 -1.564.928 -1.320.998 -1.426.502 -1.400.834 -1.212.494 -1.416.798 -1.334.901 -943.046 -1.112.621 -1.266.363 -1.556.234 -1.408.672 -1.518.209 Corrientes -1.299.489 -634.298 -3.481.321 -1.393.816 -1.564.928 -1.316.117 -1.421.621 -1.395.974 -1.212.494 -1.416.798 -1.334.901 -943.046 -1.112.621 -1.266.363 -1.556.234 -1.408.672 -1.518.209 Restringidos 0 -7.809 -21.079 0 0 -4.881 -4.881 -4.860 0 0 0 0 0 0 0 0 0
3. FINANCIAMIENTO AL SECTOR PRIVADO 31.961.753 34.976.581 37.528.962 41.213.600 41.683.774 44.006.927 46.313.583 49.207.945 49.180.835 49.657.953 50.475.809 51.626.496 53.315.905 54.478.785 55.541.347 56.431.600 57.419.070
a) Préstamos Generales 24.751.735 26.938.937 28.476.375 30.637.091 30.745.820 34.912.710 36.727.307 38.894.395 38.806.465 39.173.615 39.832.199 40.812.814 42.306.930 43.272.255 44.157.400 44.803.466 45.500.346 b) Préstamos Especializados 233.449 216.652 192.767 188.339 187.613 179.649 170.309 169.322 168.547 168.061 167.563 167.320 166.691 165.945 164.951 164.536 164.285 c) Préstamos Otras Entidades Financieras 6.750.216 7.622.663 8.692.515 10.236.378 10.528.990 8.686.194 9.191.113 9.929.297 9.991.384 10.103.835 10.264.277 10.433.088 10.628.537 10.827.547 11.006.385 11.250.353 11.523.313 d) Inversiones 226.353 198.329 167.305 151.791 221.351 228.373 224.854 214.931 214.439 212.441 211.770 213.274 213.746 213.038 212.611 213.245 231.126
4. OTROS DETERMINANTES -17.481.958 -19.121.881 -18.945.478 -22.174.114 -20.163.344 -19.194.250 -20.652.926 -21.917.011 -21.871.206 -22.598.875 -23.176.114 -23.922.868 -23.721.352 -23.531.940 -24.414.438 -27.038.074 -23.952.865
a) Existencia de Minerales 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
b) Depósitos Organismos Internacionales -322.868 -336.390 -333.321 -358.390 -364.021 -372.139 -379.280 -385.848 -387.854 -383.150 -387.184 -384.343 -387.811 -388.496 -389.406 -389.947 -394.753 c) Obligaciones Mediano y Largo Plazo -3.332.380 -2.906.288 -3.285.851 -2.595.810 -2.390.187 -2.193.077 -2.078.209 -1.978.998 -1.943.006 -1.816.530 -1.783.540 -1.761.363 -1.729.807 -1.712.786 -1.702.481 -1.712.342 -1.681.306 d) Otras Cuentas (Neto) -335.745 -561.870 -2.121.748 -2.261.012 -1.513.975 -545.389 -381.327 -1.304.518 -1.523.296 -1.983.572 -2.267.337 -1.568.945 -1.724.588 -1.646.920 -1.791.500 -2.296.091 -2.241.665 e) Capital y Reservas -13.490.965 -15.317.333 -13.204.558 -16.958.902 -15.895.160 -16.083.644 -17.814.109 -18.247.647 -18.017.050 -18.415.622 -18.738.054 -20.208.217 -19.879.146 -19.783.738 -20.531.051 -22.639.695 -19.635.140 42.595.989 55.247.491 67.638.742 79.190.984 79.640.520 79.659.841 81.007.472 87.345.792 85.979.860 86.435.763 87.075.850 87.156.937 87.820.186 90.656.011 91.316.240 92.953.587 94.367.474 FUENTE : BANCO CENTRAL DE BOLIVIA - GERENCIA DE ADMINISTRACIÓN - SUBGERENCIA DE CONTABILIDAD
AUTORIDAD DE SUPERVISIÓN DEL SISTEMA FINANCIERO
ELABORACIÓN : BANCO CENTRAL DE BOLIVIA - ASESORÍA DE POLÍTICA ECONÓMICA - SECTOR MONETARIO Y FISCAL NOTA : (1) Cifras referidas al Sistema Financiero
MAR
2010 2011
DIC
SEP ENE FEB ABR MAY JUN JUL AGO SEP
2008 2006 DIC 2007 DIC LIQUIDEZ TOTAL M'4
(En miles de bolivianos)
DETERMINANTES
ORIGEN DE LA LIQUIDEZ TOTAL
continúa
Caja del Billetes ySaldos Sistema Monedas en D E P Ó S I T O S V I S T A (D) C A J A D E A H O R R O S (A) A P L A Z O F I J O (P)
a EMISIÓN Financiero Poder del
fin de: Público
1 2 C = (1 - 2) MN ME MV UFV TOTAL MN ME MV UFV TOTAL MN ME MV UFV TOTAL
2000 2.424.155 248.879 2.175.276 1.111.815 3.118.773 - 4.230.588 330.217 5.941.527 289 6.272.033 131.603 13.955.823 116.836 14.204.262 2001 2.700.240 303.882 2.396.358 1.312.273 3.824.188 - 5.136.461 442.462 7.390.919 310 7.833.691 98.343 12.979.554 397.878 13.475.775 2002 3.037.421 359.553 2.677.868 1.230.283 4.207.158 - 5.437.441 383.202 6.939.922 214 7.323.338 55.076 12.482.223 234.986 16.148 12.788.433 2003 3.524.676 331.641 3.193.035 1.338.697 4.674.365 - 6.013.062 518.908 8.493.882 64 9.012.853 69.424 11.252.520 117.151 47.305 11.486.401 2004 4.282.951 417.570 3.865.381 1.392.456 3.994.672 118.993 5.506.121 997.469 5.762.141 11.281 136.880 6.907.771 210.119 13.258.108 105.789 120.207 13.694.224 2005 6.179.509 585.308 5.594.201 1.795.835 3.961.099 91.458 40.740 5.889.132 1.681.122 6.169.150 2.522 244.662 8.097.455 320.272 13.634.827 47.559 465.279 14.467.937 2006 8.773.573 761.542 8.012.031 2.550.739 4.114.265 24.841 189.168 6.879.013 3.106.904 6.936.562 639 302.275 10.346.380 680.173 13.456.511 17.921 842.154 14.996.759 2007 14.102.848 985.389 13.117.459 3.587.246 4.227.215 708 392.904 8.208.072 6.056.197 7.315.091 41 908.044 14.279.373 1.856.536 13.100.460 20.407 1.323.609 16.301.012 2008 17.043.319 1.235.895 15.807.424 4.780.493 3.926.778 183 1.130.695 9.838.148 8.023.560 7.750.406 15 2.930.429 18.704.410 2.944.958 12.836.848 18.391 1.986.669 17.786.866 2009 18.892.393 1.812.855 17.079.537 7.475.144 5.376.758 448 363.595 13.215.945 10.317.438 10.308.672 2 1.412.952 22.039.064 6.860.939 14.054.297 18.342 1.093.915 22.027.493 2010 ENE 18.257.128 1.863.617 16.393.511 7.776.060 5.398.922 864 309.228 13.485.075 10.820.341 10.428.567 2 1.438.066 22.686.975 7.027.142 14.027.137 18.342 1.069.081 22.141.703 FEB 17.954.210 1.821.211 16.132.999 7.983.777 5.473.137 175 218.578 13.675.668 11.058.387 10.793.072 2 1.324.952 23.176.414 7.244.328 13.865.849 18.343 1.042.316 22.170.836 MAR 17.884.953 1.802.725 16.082.228 7.583.782 5.803.674 169 269.767 13.657.391 11.333.132 10.951.301 2 1.144.907 23.429.343 7.386.724 13.614.980 18.341 1.005.000 22.025.045 ABR 18.102.754 1.738.622 16.364.132 6.835.489 5.917.546 157 133.570 12.886.761 11.327.031 10.979.099 2 1.096.898 23.403.029 7.637.993 13.586.424 18.341 978.780 22.221.537 MAY 18.598.362 1.941.217 16.657.145 7.717.889 5.656.452 188 137.071 13.511.600 11.424.803 10.914.544 2 1.075.797 23.415.146 7.750.632 13.517.088 17.951 937.223 22.222.895 JUN 19.111.732 2.263.701 16.848.031 7.542.228 5.714.177 421 178.808 13.435.634 11.145.683 10.734.876 2 1.010.946 22.891.508 8.035.300 13.498.806 17.927 871.769 22.423.802 JUL 19.273.532 2.144.760 17.128.772 7.535.754 5.707.533 148 160.441 13.403.876 11.160.319 10.662.939 2 905.314 22.728.574 8.309.417 13.396.441 17.927 780.511 22.504.296 AGO 19.243.647 2.211.128 17.032.519 7.589.854 5.594.006 419 154.107 13.338.387 11.338.001 10.800.760 2 890.204 23.028.968 8.678.816 13.301.598 14 712.794 22.693.222 SEP 19.374.367 2.224.021 17.150.346 7.645.776 5.774.810 503 66.821 13.487.910 11.512.972 10.942.006 2 837.778 23.292.758 9.439.294 13.240.431 14 706.195 23.385.934 OCT 19.720.614 2.130.980 17.589.634 7.992.730 5.775.665 326 74.101 13.842.822 11.604.592 11.076.584 2 743.607 23.424.785 9.660.011 13.062.266 14 689.458 23.411.750 NOV 20.284.401 2.041.241 18.243.160 8.239.821 5.922.992 369 40.354 14.203.536 12.423.750 10.618.118 2 663.734 23.705.603 10.221.621 12.810.441 14 679.357 23.711.434 DIC 24.585.622 2.100.838 22.484.784 9.336.895 5.353.928 374 68.269 14.759.466 13.394.686 8.585.128 2 571.445 22.551.262 10.558.352 12.347.482 14 655.900 23.561.748 2011 ENE 23.610.754 2.373.363 21.237.392 9.373.030 5.481.553 444 15.252 14.870.279 13.404.911 8.720.569 2 454.490 22.579.972 10.801.604 11.968.877 14 607.925 23.378.422 FEB 23.358.598 2.431.785 20.926.813 9.677.162 5.561.455 471 10.238 15.249.327 13.819.406 8.851.208 2 389.064 23.059.681 11.023.600 11.744.645 14 583.500 23.351.760 MAR 23.139.315 2.422.386 20.716.929 9.853.480 5.427.487 580 9.411 15.290.959 14.169.172 9.024.952 2 339.188 23.533.314 11.387.951 11.519.480 14 519.981 23.427.426 ABR 23.402.080 2.229.422 21.172.659 8.776.061 5.750.514 270 6.156 14.533.001 14.057.240 9.080.660 2 279.396 23.417.299 11.484.953 11.327.932 11 492.716 23.305.612 MAY 23.750.031 2.270.655 21.479.376 8.704.953 5.632.647 848 5.265 14.343.713 14.232.886 9.257.747 2 210.977 23.701.612 11.889.218 11.189.972 14 496.098 23.575.301 JUN 24.643.469 2.403.712 22.239.756 9.060.749 5.802.797 168 4.190 14.867.905 15.210.859 9.314.570 2 180.004 24.705.435 12.351.320 11.062.750 14 500.844 23.914.927 JUL 25.057.121 2.375.746 22.681.374 8.738.968 6.046.976 165 3.405 14.789.513 15.133.740 9.359.345 2 93.648 24.586.734 13.137.783 10.885.984 14 502.699 24.526.479 AGO 25.377.253 2.462.812 22.914.441 9.360.060 5.912.506 174 3.465 15.276.206 15.993.762 9.154.938 2 78.671 25.227.374 13.774.492 10.737.442 14 500.971 25.012.918 SEP 25.704.846 2.512.599 23.192.246 9.355.573 5.758.187 211 3.367 15.117.338 16.679.727 9.138.167 2 50.165 25.868.061 14.676.269 10.503.366 14 504.052 25.683.700 continuación
Saldos OTRAS OBLIGACIONES (O) (1)
a M'4
fin de:
MN ME MV UFV TOTAL MN ME MV UFV TOTAL MN ME MV UFV TOTAL
2000 49.265 330.667 1.567 381.499 4.855 743.686 790 749.331 28.012.989 1.622.900 23.346.790 118.692 - 25.088.382 2001 45.407 270.901 1.042 317.350 36.964 2.143.919 843 2.181.726 31.341.361 1.898.485 24.465.562 399.230 - 26.763.277 2002 45.619 198.893 1.146 245.657 23.893 1.473.434 926 1.498.253 29.970.990 1.714.180 23.828.196 236.346 16.148 25.794.869 2003 52.142 152.839 1.216 206.197 41.766 1.877.473 993 1.920.232 31.831.779 1.979.171 24.573.605 118.431 47.305 26.718.512 2004 41.211 177.920 1.223 220.354 74.165 2.477.711 1.021 2.552.897 32.746.749 2.641.256 23.192.842 237.286 257.087 26.328.470 2005 63.329 199.627 1.221 53 264.229 83.207 1.804.712 1.016 1.888.935 36.201.889 3.860.558 23.964.703 142.759 750.734 28.718.754 2006 99.919 183.219 1.205 21 284.364 332.358 761.027 1.007 983.050 2.077.442 42.595.989 6.437.736 24.690.557 44.606 1.333.618 32.506.516 2007 122.063 211.192 1.110 2 334.367 597.395 294.836 961 2.114.016 3.007.208 55.247.491 ######### 24.853.957 22.265 2.624.558 39.122.824 2008 146.795 348.117 1.039 14 495.966 776.115 137.860 885 4.091.067 5.005.927 67.638.742 ######### 24.862.149 19.628 6.047.807 46.825.390 2009 207.220 414.400 858 33 622.511 1.309.193 22.341 619 2.874.281 4.206.434 79.190.984 ######### 30.154.128 19.650 2.870.494 57.905.012 2010 ENE 253.572 363.990 858 33 618.454 1.291.100 21.674 588 2.726.439 4.039.801 79.365.519 ######### 30.218.616 20.067 2.816.409 58.932.207 FEB 205.590 377.527 858 34 584.010 1.295.879 24.170 559 2.501.668 3.822.276 79.562.202 ######### 30.509.584 19.378 2.585.881 59.606.926 MAR 211.527 395.563 858 35 607.984 1.423.166 25.592 531 2.389.239 3.838.529 79.640.520 ######### 30.765.519 19.370 2.419.710 59.719.763 ABR 216.519 397.084 858 36 614.498 1.534.289 26.317 504 2.136.209 3.697.319 79.187.277 ######### 30.880.152 19.358 2.209.284 59.125.826 MAY 225.385 367.313 858 37 593.593 1.745.148 26.393 428 2.074.177 3.846.146 80.246.525 ######### 30.455.397 19.000 2.150.129 59.743.234 JUN 226.638 419.298 858 39 646.833 1.484.301 26.596 364 1.902.772 3.414.033 79.659.841 ######### 30.367.156 19.208 2.061.563 59.397.777 JUL 219.419 414.485 858 40 634.803 1.575.947 27.347 309 1.771.925 3.375.529 79.775.849 ######### 30.181.398 18.936 1.846.306 59.271.549 AGO 263.873 381.989 858 41 646.762 1.539.564 27.046 263 1.733.635 3.300.508 80.040.366 ######### 30.078.354 1.294 1.757.147 59.707.339 SEP 232.575 359.234 858 42 592.709 1.422.331 26.736 224 1.648.525 3.097.816 81.007.472 ######### 30.316.480 1.378 1.610.836 60.759.311 OCT 250.506 510.856 858 43 762.263 1.383.659 27.467 190 1.624.319 3.035.635 82.066.888 ######### 30.425.371 1.201 1.507.209 61.441.620 NOV 308.176 497.137 857 43 806.214 1.285.569 3.310 171 1.629.610 2.918.659 83.588.606 ######### 29.848.689 1.242 1.383.488 62.426.787 DIC 384.053 640.109 855 44 1.025.060 1.308.826 2.623 154 1.651.870 2.963.473 87.345.792 ######### 26.926.647 1.245 1.295.658 61.897.535 2011 ENE 302.768 519.708 855 44 823.375 1.416.454 1.952 130 1.671.885 3.090.421 85.979.860 ######### 26.690.708 1.315 1.077.712 61.652.047 FEB 313.513 525.733 767 44 840.057 1.290.791 3.343 117 1.713.874 3.008.126 86.435.763 ######### 26.683.042 1.255 982.847 62.500.824 MAR 306.749 513.397 765 44 820.956 1.510.376 4.034 106 1.771.750 3.286.266 87.075.850 ######### 26.485.316 1.361 868.625 63.072.654 ABR 407.997 503.095 764 45 911.900 2.015.430 4.044 90 1.796.903 3.816.466 87.156.937 ######### 26.662.201 1.047 778.313 62.167.812 MAY 327.555 508.858 721 45 837.179 2.133.760 3.369 76 1.745.799 3.883.004 87.820.186 ######### 26.589.224 1.585 712.385 62.457.806 JUN 383.888 486.230 678 46 870.841 2.270.323 4.063 65 1.782.696 4.057.147 90.656.011 ######### 26.666.347 862 685.084 64.359.108 JUL 314.668 469.667 431 46 784.813 2.289.532 4.067 55 1.653.673 3.947.326 91.316.240 ######### 26.761.971 612 599.798 64.687.539 AGO 344.292 489.448 381 46 834.167 2.155.250 2.701 47 1.530.483 3.688.481 92.953.587 ######### 26.294.334 570 583.154 66.350.664 SEP 354.887 513.718 338 47 868.991 2.250.935 2.002 40 1.384.160 3.637.137 94.367.474 ######### 25.913.439 565 557.630 67.538.090 FUENTE : BANCO CENTRAL DE BOLIVIA - GERENCIA DE ADMINISTRACIÓN - SUBGERENCIA DE CONTABILIDAD.
AUTORIDAD DE SUPERVISIÓN DEL SISTEMA FINANCIERO
ELABORACIÓN : BANCO CENTRAL DE BOLIVIA - ASESORÍA DE POLÍTICA ECONÓMICA - SECTOR MONETARIO Y FISCAL. NOTA (1) Incluye Certificados de Devolución de Depósitos (CDD).
M'4 = C + D + A + P + O + TP
PRIVADO NO FINANCIERO (TP)
DESTINO DEL MEDIO CIRCULANTE Y DE LA LIQUIDEZ TOTAL
(En miles de bolivianos)
TÍTULOS PÚBLICOS
CUADRO N° 1.05
Saldos a M1 M'1 M2 M'2 M3 M'3 M4 M'4 fin de: 2000 3.287.091 6.405.864 3.617.308 12.677.897 3.798.176 27.263.658 3.803.031 28.012.989 2001 3.708.631 7.532.819 4.151.093 15.366.510 4.294.843 29.159.635 4.331.807 31.341.361 2002 3.908.151 8.115.309 4.291.353 15.438.647 4.408.196 28.472.737 4.432.089 29.970.990 2003 4.531.732 9.206.097 5.050.639 18.218.950 5.219.511 29.911.547 5.261.277 31.831.779 2004 5.257.838 9.371.503 6.392.187 16.279.274 6.763.724 30.193.852 6.837.889 32.746.749 2005 7.430.776 11.483.333 9.356.559 19.580.788 10.205.493 34.312.955 10.288.700 36.201.889 2006 10.751.938 14.891.044 14.161.117 25.237.424 15.783.385 40.518.547 17.098.793 42.595.989 2007 17.097.609 21.325.531 24.061.850 35.604.904 27.364.061 52.240.283 30.075.471 55.247.491 2008 21.718.612 25.645.572 32.672.600 44.349.982 37.751.037 62.632.815 42.618.219 67.638.742 2009 ENE 20.764.654 24.622.516 31.424.422 43.261.412 36.589.587 62.012.238 41.399.484 66.963.995 FEB 20.187.030 24.248.767 30.902.882 43.038.594 36.194.564 62.282.866 41.046.262 67.253.528 MAR 19.560.868 23.824.725 29.858.019 42.468.285 35.434.599 62.459.062 40.420.486 67.545.881 ABR 19.311.939 23.648.227 29.583.503 42.454.250 35.215.975 62.838.257 40.224.274 67.928.322 MAY 19.384.383 23.844.441 29.305.230 42.531.827 34.946.490 63.263.128 39.443.346 67.826.074 JUN 20.078.217 24.704.865 30.667.112 44.368.911 36.714.062 65.756.120 41.129.462 70.214.957 JUL 20.219.169 24.697.269 30.777.544 44.458.489 36.777.753 65.902.607 41.307.665 70.461.403 AGO 20.323.514 25.121.753 31.082.110 45.409.234 37.217.566 67.017.582 41.480.677 71.309.145 SEP 20.978.540 26.409.050 32.573.230 47.880.454 39.094.898 69.754.989 43.325.599 74.010.712 OCT 21.997.228 27.318.713 33.519.844 48.972.903 40.647.328 71.234.697 44.818.044 75.430.442 NOV 22.774.184 28.124.632 33.941.636 49.491.619 41.326.675 71.559.044 45.699.828 75.954.439 DIC 24.918.277 30.295.483 36.648.666 52.334.546 44.810.772 74.984.550 48.994.246 79.190.984 2010 ENE 24.478.799 29.878.586 36.737.206 52.565.562 45.087.035 75.325.719 49.104.573 79.365.519 FEB 24.335.355 29.808.667 36.718.695 52.985.081 45.210.964 75.739.926 49.008.510 79.562.202 MAR 23.935.776 29.739.619 36.413.816 53.168.962 45.017.103 75.801.991 48.829.508 79.640.520 ABR 23.333.191 29.250.894 35.757.120 52.653.923 44.590.448 75.489.958 48.260.946 79.187.277 MAY 24.512.105 30.168.745 37.012.705 53.583.891 45.925.982 76.400.379 49.745.307 80.246.525 JUN 24.569.067 30.283.665 36.725.697 53.175.173 45.859.443 76.245.808 49.246.516 79.659.841 JUL 24.824.967 30.532.648 36.890.600 53.261.222 46.199.987 76.400.321 49.547.859 79.775.849 AGO 24.776.480 30.370.906 37.004.686 53.399.874 46.660.210 76.739.858 49.933.410 80.040.366 SEP 24.862.943 30.638.256 37.213.693 53.931.014 47.591.799 77.909.657 50.662.655 81.007.472 OCT 25.656.465 31.432.456 38.004.664 54.857.241 48.604.682 79.031.253 51.612.660 82.066.888 NOV 26.523.336 32.446.697 39.610.819 56.152.300 50.820.016 80.669.947 53.735.195 83.588.606 DIC 31.889.948 37.244.250 45.856.080 59.795.511 57.454.428 84.382.319 60.415.125 87.345.792 2011 ENE 30.625.674 36.107.671 44.485.075 58.687.643 56.197.417 82.889.439 59.285.756 85.979.860 FEB 30.614.213 36.176.139 44.822.683 59.235.820 56.743.341 83.427.637 59.748.006 86.435.763 MAR 30.579.820 36.007.888 45.088.180 59.541.202 57.302.906 83.789.583 60.585.033 87.075.850 ABR 29.954.876 35.705.660 44.291.512 59.122.959 56.677.223 83.340.471 60.489.555 87.156.937 MAY 30.189.595 35.823.089 44.633.457 59.524.702 57.346.372 83.937.182 61.225.931 87.820.186 JUN 31.304.695 37.107.661 46.695.559 61.813.096 59.931.655 86.598.864 63.984.674 90.656.011 JUL 31.423.747 37.470.887 46.651.135 62.057.622 60.606.331 87.368.913 64.549.535 91.316.240 AGO 32.277.966 38.190.647 48.350.400 63.418.020 62.970.201 89.265.105 66.655.934 92.953.587 SEP 32.551.186 38.309.584 49.281.078 64.177.645 64.816.333 90.730.336 68.451.429 94.367.474 FUENTE : BANCO CENTRAL DE BOLIVIA - GERENCIA DE ADMINISTRACIÓN - SUBGERENCIA DE CONTABILIDAD: AUTORIDAD DE SUPERSVISIÓN DEL SISTEMA FINANCIERO
ELABORACIÓN : BANCO CENTRAL DE BOLIVIA - ASESORÍA DE POLÍTICA ECONÓMICA - SECTOR MONETARIO Y FISCAL NOTAS : (1) Los agregados monetarios se construyen con base en el cuadro N° 1.04
M1 = C + Dmn + Dufv M'1 = C + Dmn + Dme + Dmv + Dufv M2 = C + Dmn + Dufv + Amn + Aufv
M'2 = C + Dmn + Dme + Dmv + Dufv + Amn + Ame + Amv + Aufv M3 = C + Dmn + Dufv + Amn + Aufv + Pmn + Pufv + Omn+ Oufv
M'3 = C + Dmn + Dme + Dmv +Dufv + Amn + Ame + Amv + Aufv + Pmn + Pufv + Pme + Pmv + Omn + Ome + Omv + Oufv M4 = C + Dmn + Dufv + Amn + Aufv + Pmn + Pufv + Omn+ Oufv + TPmn + TPufv
M'4 = C + Dmn + Dme + Dmv + Dufv + Amn + Ame + Amv + Aufv + Pmn + Pufv + Pme + Pmv + Omn + Ome + Omv + Oufv + TPmn + TPme + TPmv +TPufv
AGREGADOS MONETARIOS
(1)
Saldos Base a Monetaria fin de: BM 2000 4.104.082 0,8009 1,5609 0,8814 3,0891 0,9255 6,6431 0,9266 6,8256 2001 4.455.176 0,8324 1,6908 0,9317 3,4491 0,9640 6,5451 0,9723 7,0348 2002 4.644.099 0,8415 1,7474 0,9240 3,3244 0,9492 6,1309 0,9543 6,4536 2003 5.237.647 0,8652 1,7577 0,9643 3,4785 0,9965 5,7109 1,0045 6,0775 2004 5.769.218 0,9114 1,6244 1,1080 2,8217 1,1724 5,2336 1,1852 5,6761 2005 7.882.707 0,9427 1,4568 1,1870 2,4840 1,2947 4,3529 1,3052 4,5926 2006 (1) 11.227.106 0,9577 1,3263 1,2613 2,2479 1,4058 3,6090 1,5230 3,7940 2007 17.458.294 0,9793 1,2215 1,3782 2,0394 1,5674 2,9923 1,7227 3,1645 2008 22.292.500 0,9743 1,1504 1,4656 1,9895 1,6934 2,8096 1,9118 3,0341 2009 ENE 21.540.969 0,9640 1,1431 1,4588 2,0083 1,6986 2,8788 1,9219 3,1087 FEB 20.230.766 0,9978 1,1986 1,5275 2,1274 1,7891 3,0786 2,0289 3,3243 MAR 19.820.482 0,9869 1,2020 1,5064 2,1426 1,7878 3,1512 2,0393 3,4079 ABR 19.286.561 1,0013 1,2262 1,5339 2,2012 1,8259 3,2581 2,0856 3,5221 MAY 19.348.028 1,0019 1,2324 1,5146 2,1983 1,8062 3,2697 2,0386 3,5056 JUN 21.046.297 0,9540 1,1738 1,4571 2,1082 1,7444 3,1244 1,9542 3,3362 JUL 21.660.379 0,9335 1,1402 1,4209 2,0525 1,6979 3,0425 1,9071 3,2530 AGO 22.566.203 0,9006 1,1132 1,3774 2,0123 1,6493 2,9698 1,8382 3,1600 SEP 24.306.221 0,8631 1,0865 1,3401 1,9699 1,6084 2,8698 1,7825 3,0449 OCT 26.471.487 0,8310 1,0320 1,2663 1,8500 1,5355 2,6910 1,6931 2,8495 NOV 26.908.052 0,8464 1,0452 1,2614 1,8393 1,5358 2,6594 1,6984 2,8227 DIC 29.568.091 0,8427 1,0246 1,2395 1,7700 1,5155 2,5360 1,6570 2,6783 2010 ENE 31.352.860 0,7808 0,9530 1,1717 1,6766 1,4381 2,4025 1,5662 2,5314 FEB 31.866.325 0,7637 0,9354 1,1523 1,6627 1,4188 2,3768 1,5379 2,4967 MAR 31.734.835 0,7542 0,9371 1,1474 1,6754 1,4185 2,3886 1,5387 2,5096 ABR 30.157.232 0,7737 0,9699 1,1857 1,7460 1,4786 2,5032 1,6003 2,6258 MAY 30.403.324 0,8062 0,9923 1,2174 1,7624 1,5106 2,5129 1,6362 2,6394 JUN 29.903.289 0,8216 1,0127 1,2281 1,7782 1,5336 2,5497 1,6469 2,6639 JUL 28.898.701 0,8590 1,0565 1,2765 1,8430 1,5987 2,6437 1,7145 2,7605 AGO 28.619.650 0,8657 1,0612 1,2930 1,8658 1,6304 2,6814 1,7447 2,7967 SEP 28.656.142 0,8676 1,0692 1,2986 1,8820 1,6608 2,7188 1,7680 2,8269 OCT 28.178.483 0,9105 1,1155 1,3487 1,9468 1,7249 2,8047 1,8316 2,9124 NOV 28.789.856 0,9213 1,1270 1,3759 1,9504 1,7652 2,8020 1,8665 2,9034 DIC 32.577.475 0,9789 1,1433 1,4076 1,8355 1,7636 2,5902 1,8545 2,6812 2011 ENE 32.958.579 0,9292 1,0955 1,3497 1,7806 1,7051 2,5150 1,7988 2,6087 FEB 32.753.998 0,9347 1,1045 1,3685 1,8085 1,7324 2,5471 1,8241 2,6389 MAR 33.318.499 0,9178 1,0807 1,3532 1,7870 1,7199 2,5148 1,8184 2,6134 ABR 30.179.544 0,9926 1,1831 1,4676 1,9590 1,8780 2,7615 2,0043 2,8879 MAY 29.387.941 1,0273 1,2190 1,5188 2,0255 1,9514 2,8562 2,0834 2,9883 JUN 31.157.769 1,0047 1,1910 1,4987 1,9839 1,9235 2,7794 2,0536 2,9096 JUL 31.437.502 0,9996 1,1919 1,4839 1,9740 1,9278 2,7791 2,0533 2,9047 AGO 32.635.140 0,9891 1,1702 1,4815 1,9432 1,9295 2,7352 2,0425 2,8483 SEP 34.320.068 0,9485 1,1162 1,4359 1,8700 1,8886 2,6437 1,9945 2,7496 FUENTE : BANCO CENTRAL DE BOLIVIA - GERENCIA DE ADMINISTRACIÓN - SUBGERENCIA DE CONTABILIDAD
: AUTORIDAD DE SUPERVISIÓN DEL SISTEMA FINANCIERO
ELABORACIÓN : BANCO CENTRAL DE BOLIVIA - ASESORÍA DE POLÍTICA ECONÓMICA - SECTOR MONETARIO Y FISCAL
(1) : Por recomendaciones de la Misión de Estadísticas del FMI, de abril de 2006, se realizaron reclasificaciones que se tradujeron en un nuevo cálculo de la Base Monetaria. Las acciones se tomaron desde enero de 2006.
m1 = M1/BM m2 = M2/BM m3 = M3/BM m4 = M4/BM m´1 = M´1/BM m´2 = M'2/BM m´3 = M´3/BM m´4 = M´4/BM
MULTIPLICADORES DE LA BASE MONETARIA
(En miles de bolivianos)
CUADRO N° 1.07
Saldos LIQUIDEZ CUASI MEDIO
a Activos Depósitos Obligaciones TOTAL TOTAL DINERO + CIRCULANTE
fin de: Externos Al Sector Al Sector TOTAL del Sector Externas a Capital y Otras Cuentas 2 Títulos en pp
Netos Público Privado 1 Público Mediano y Reservas Neto M'4 = 1 - 2 A M'1 = M'4 - A
Largo Plazo 2000 8.936.860 36.374.913 5.974.836 30.400.077 45.311.773 4.593.315 3.804.238 6.218.685 2.682.546 17.298.784 28.012.989 21.607.125 6.405.864 2001 11.995.961 36.253.877 7.632.150 28.621.727 48.249.838 5.072.036 3.514.368 7.051.788 1.270.285 16.908.477 31.341.361 23.808.542 7.532.819 2002 10.671.571 37.741.897 8.784.781 28.957.116 48.413.468 4.563.917 3.425.913 8.997.947 1.454.702 18.442.478 29.970.990 21.855.681 8.115.309 2003 12.253.746 39.446.959 9.829.981 29.616.978 51.700.705 5.235.068 3.434.690 9.993.568 1.205.600 19.868.925 31.831.779 22.625.682 9.206.097 2004 13.537.983 40.393.550 11.071.133 29.322.417 53.931.533 6.274.124 2.809.171 10.441.537 1.659.952 21.184.784 32.746.749 23.375.246 9.371.503 2005 20.301.973 41.126.805 10.877.814 30.248.991 61.428.778 7.673.973 3.259.021 11.893.757 2.400.137 25.226.888 36.201.889 24.718.556 11.483.333 2006 32.347.843 40.417.384 8.455.630 31.961.753 72.765.226 12.687.280 3.332.380 13.490.965 658.613 30.169.238 42.595.989 27.704.945 14.891.044 2007 46.071.296 43.212.509 8.235.929 34.976.581 89.283.805 14.914.433 2.906.288 15.317.333 898.260 34.036.314 55.247.491 33.921.960 21.325.531 2008 60.218.106 47.579.186 10.050.224 37.528.962 107.797.292 21.213.073 3.285.851 13.204.558 2.455.069 40.158.551 67.638.742 41.993.169 25.645.572 2009 70.219.745 52.916.923 11.703.323 41.213.600 123.136.668 21.771.571 2.595.810 16.958.902 2.619.402 43.945.685 79.190.984 48.895.501 30.295.483 2010 ENE 70.056.142 52.493.644 11.437.999 41.055.645 122.549.786 21.801.420 2.528.552 16.465.776 2.388.519 43.184.267 79.365.519 49.486.933 29.878.586 FEB 69.257.567 52.964.791 11.726.078 41.238.713 122.222.358 21.917.686 2.493.419 15.982.634 2.266.418 42.660.156 79.562.202 49.753.535 29.808.667 MAR 68.998.246 53.191.347 11.507.573 41.683.774 122.189.592 22.385.729 2.390.187 15.895.160 1.877.997 42.549.072 79.640.520 49.900.901 29.739.619 ABR 69.217.919 54.195.814 11.560.778 42.635.037 123.413.733 24.592.592 2.353.204 16.305.397 975.263 44.226.457 79.187.277 49.936.383 29.250.894 MAY 69.112.867 54.946.842 11.523.163 43.423.679 124.059.709 24.723.627 2.325.670 15.895.438 868.449 43.813.184 80.246.525 50.077.780 30.168.745 JUN 69.213.988 55.516.362 11.509.435 44.006.927 124.730.350 25.876.259 2.193.077 16.083.644 917.528 45.070.509 79.659.841 49.376.176 30.283.665 JUL 70.152.085 56.363.421 11.465.808 44.897.613 126.515.506 27.272.078 2.149.728 16.280.826 1.037.024 46.739.657 79.775.849 49.243.201 30.532.648 AGO 70.887.397 57.137.892 11.522.774 45.615.118 128.025.289 28.615.590 2.107.784 16.469.772 791.776 47.984.922 80.040.366 49.669.460 30.370.906 SEP 73.203.706 57.947.496 11.633.913 46.313.583 131.151.202 29.490.805 2.078.209 17.814.109 760.607 50.143.730 81.007.472 50.369.217 30.638.256 OCT 74.778.419 58.808.327 11.570.022 47.238.305 133.586.746 30.135.124 2.101.041 18.409.824 873.869 51.519.858 82.066.888 50.634.432 31.432.456 NOV 75.293.532 59.750.341 11.652.074 48.098.267 135.043.873 30.419.730 2.042.519 17.886.327 1.106.691 51.455.267 83.588.606 51.141.909 32.446.697 DIC 77.493.250 61.223.251 12.015.305 49.207.945 138.716.501 29.453.698 1.978.998 18.247.647 1.690.365 51.370.709 87.345.792 50.101.542 37.244.250 2011 ENE 77.475.797 61.138.712 11.957.877 49.180.835 138.614.508 30.763.442 1.943.006 18.017.050 1.911.150 52.634.648 85.979.860 49.872.190 36.107.671 FEB 79.387.179 61.617.124 11.959.171 49.657.953 141.004.303 31.969.665 1.816.530 18.415.622 2.366.722 54.568.540 86.435.763 50.259.624 36.176.139 MAR 79.861.602 62.280.961 11.805.152 50.475.809 142.142.563 31.890.598 1.783.540 18.738.054 2.654.520 55.066.713 87.075.850 51.067.962 36.007.888 ABR 82.233.321 62.905.228 11.278.732 51.626.496 145.138.549 34.058.743 1.761.363 20.208.217 1.953.288 57.981.612 87.156.937 51.451.277 35.705.660 MAY 81.770.301 64.667.770 11.351.866 53.315.905 146.438.072 34.896.534 1.729.807 19.879.146 2.112.399 58.617.886 87.820.186 51.997.096 35.823.089 JUN 82.461.676 65.958.844 11.480.060 54.478.785 148.420.520 34.232.569 1.712.786 19.783.738 2.035.416 57.764.509 90.656.011 53.548.350 37.107.661 JUL 85.119.957 67.045.728 11.504.382 55.541.347 152.165.686 36.435.008 1.702.481 20.531.051 2.180.906 60.849.446 91.316.240 53.845.352 37.470.887 AGO 88.836.454 68.467.636 12.036.036 56.431.600 157.304.090 37.312.429 1.712.342 22.639.695 2.686.038 64.350.503 92.953.587 54.762.940 38.190.647 SEP 86.648.149 69.423.751 12.004.681 57.419.070 156.071.901 37.751.562 1.681.306 19.635.140 2.636.419 61.704.427 94.367.474 56.057.890 38.309.584
FUENTE : BANCO CENTRAL DE BOLIVIA - GERENCIA DE ADMINISTRACIÓN - AUTORIDAD DE SUPERVISIÓN DEL SISTEMA FINANCIERO ELABORACIÓN : BANCO CENTRAL DE BOLIVIA - ASESORÍA DE POLÍTICA ECONÓMICA - SECTOR MONETARIO Y FISCAL
Total
FACTORES DE EXPANSIÓN
FACTORES DE EXPANSIÓN Y CONTRACCIÓN DEL DINERO
(En miles de bolivianos)
FACTORES DE CONTRACCIÓN Financiamiento Interno
CUADRO N° 1.08
Saldos LIQUIDEZ CUASI MEDIO
a Activos TOTAL Depósitos Obligaciones Capital y Otras TOTAL TOTAL DINERO CIRCULANTE
fin de: Externos Total Al Sector Al Sector del Sector Externas Reservas Cuentas
Netos Público Privado Público a Mediano y Neto
Largo Plazo 2000 715.328 -384.458 20.459 -404.917 330.871 -484.376 23.779 49.724 -566.190 -977.063 1.307.934 573.056 734.878 2001 408.454 -14.297 331.260 -345.557 394.157 -526.152 -135.999 -74.745 283.782 -453.114 847.271 200.538 646.732 2002 902.306 89.620 99.237 -9.617 991.926 -529.337 1.075.377 661.386 -1.810.851 -603.425 1.595.351 673.930 921.422 2003 1.484.315 56.953 11.219 45.734 1.541.268 227.211 46.747 301.371 -313.789 261.540 1.279.728 506.686 773.042 2004 85.600 764.000 263.056 500.945 849.600 -329.654 -44.895 -133.128 -63.319 -570.996 1.420.596 579.949 840.647 2005 -13.092 567.000 470.437 96.562 553.907 133.097 24.929 258.624 251.514 668.164 -114.256 70.362 -184.618 2006 772.181 363.822 147.028 216.794 1.136.003 -1.418.514 147.171 115.597 -55.690 -1.211.436 2.347.439 1.050.287 1.297.152 2007 1.136.532 226.395 91.338 135.057 1.362.928 -1.714.157 -69.518 359.000 290.143 -1.134.532 2.497.459 735.388 1.762.071 2008 1.500.197 529.407 241.968 287.439 2.029.604 -1.631.007 268.958 427.329 -11.207 -945.927 2.975.531 1.440.443 1.535.088 2009 -905.826 905.133 218.077 687.056 -693 -2.714.612 7.864 -873.027 342.537 -3.237.238 3.236.545 1.065.694 2.170.851 2010 ENE -163.603 -423.279 -265.325 -157.955 -586.882 29.850 -67.258 -493.126 -230.883 -761.417 174.535 591.432 -416.896 FEB -798.576 471.147 288.080 183.067 -327.429 116.265 -35.133 -483.143 -122.101 -524.111 196.682 266.602 -69.919 MAR -259.321 226.556 -218.506 445.061 -32.766 468.043 -103.232 -87.474 -388.421 -111.084 78.318 147.366 -69.048 ABR 219.673 1.004.468 53.205 951.263 1.224.141 2.206.864 -36.983 410.237 -902.734 1.677.384 -453.243 35.482 -488.725 MAY -105.052 751.028 -37.615 788.642 645.976 131.035 -27.534 -409.959 -106.814 -413.273 1.059.249 141.398 917.851 JUN 101.120 569.520 -13.728 583.248 670.640 1.152.632 -132.593 188.206 49.079 1.257.325 -586.685 -701.604 114.920 JUL 938.098 847.059 -43.627 890.686 1.785.157 1.395.819 -43.349 197.182 119.496 1.669.148 116.009 -132.975 248.983 AGO 735.311 774.471 56.966 717.506 1.509.782 1.343.512 -41.944 188.946 -245.248 1.245.266 264.517 426.259 -161.742 SEP 2.316.309 809.604 111.140 698.464 3.125.914 875.214 -29.575 1.344.337 -31.169 2.158.808 967.106 699.757 267.349 OCT 1.574.713 860.831 -63.891 924.722 2.435.544 644.320 22.832 595.714 113.262 1.376.128 1.059.416 265.216 794.200 NOV 515.113 942.014 82.052 859.962 1.457.127 284.606 -58.522 -523.497 232.822 -64.591 1.521.718 507.477 1.014.241 DIC 2.199.718 1.472.910 363.231 1.109.679 3.672.628 -966.032 -63.521 361.320 583.674 -84.558 3.757.186 -1.040.367 4.797.553 2011 ENE -17.454 -84.539 -57.428 -27.111 -101.992 1.309.743 -35.992 -230.597 220.785 1.263.939 -1.365.932 -229.353 -1.136.579 FEB 1.911.383 478.412 1.293 477.118 2.389.794 1.206.224 -126.476 398.572 455.572 1.933.892 455.903 387.434 68.469 MAR 474.423 663.837 -154.018 817.856 1.138.260 -79.067 -32.990 322.432 287.798 498.173 640.087 808.338 -168.252 ABR 2.371.719 624.267 -526.420 1.150.687 2.995.986 2.168.145 -22.177 1.470.163 -701.232 2.914.899 81.087 383.315 -302.228 MAY -463.020 1.762.543 73.134 1.689.409 1.299.523 837.791 -31.556 -329.071 159.110 636.275 663.248 545.819 117.429 JUN 691.374 1.291.074 128.194 1.162.880 1.982.448 -663.966 -17.022 -95.408 -76.983 -853.378 2.835.826 1.551.254 1.284.572 JUL 2.658.281 1.086.884 24.322 1.062.562 3.745.166 2.202.439 -10.305 747.312 145.491 3.084.937 660.228 297.002 363.226 AGO 3.716.497 1.421.908 531.654 890.253 5.138.404 877.421 9.861 2.108.644 505.131 3.501.057 1.637.347 917.588 719.759 SEP -2.188.304 956.115 -31.354 987.470 -1.232.189 439.133 -31.036 -3.004.555 -49.619 -2.646.076 1.413.887 1.294.950 118.938
FUENTE : BANCO CENTRAL DE BOLIVIA - GERENCIA DE ADMINISTRACIÓN - AUTORIDAD DE SUPERVISIÓN DEL SISTEMA FINANCIERO ELABORACIÓN : BANCO CENTRAL DE BOLIVIA - ASESORÍA DE POLÍTICA ECONÓMICA - SECTOR MONETARIO Y FISCAL
VARIACIÓN EN LOS FACTORES DE EXPANSIÓN Y CONTRACCIÓN DEL DINERO
M'1 = M'4 - A
1 2 M'4 = 1 - 2 A
(En miles de bolivianos)
FACTORES DE EXPANSIÓN FACTORES DE CONTRACCIÓN
