CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (1980 - 1983)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
1980
Enero	-1.01	8.31	3.01		-0.98	9.33	6.54	2.79
Febrero	-0.87	9.24	2.97		-1.59	9.75	7.02	2.73
Marzo	-1.41	10.33	3.36		-1.57	10.71	6.99	3.71
Abril	-2.47	11.56	3.52		-1.76	10.85	7.31	3.54
Mayo	-3.01	12.44	3.59		-1.68	11.35	7.72	3.63
Junio	-1.94	11.93	3.57		-1.44	12.12	8.47	3.65
Julio	-1.12	11.51	3.81		-1.43	12.78	8.96	3.82
Agosto	-2.36	13.31	3.91		-1.31	13.55	9.29	4.25
Septiembre	-0.14	10.57	3.93		-0.89	13.47	8.91	4.56
Octubre	-0.86	11.22	3.97		-1.00	13.33	9.03	4.31
Noviembre	-1.00	11.33	3.98		-1.27	13.04	8.78	4.26
Diciembre	-2.49	12.57	3.98		-0.32	13.74	9.46	4.28
PROMEDIO	-1.56	11.19	3.63		-1.27	12.00	8.21	3.79
1981
Enero	-0.65	10.23	4.08		-0.99	12.67	8.52	4.15
Febrero	-1.46	11.07	4.08		-1.14	12.55	8.48	4.07
Marzo	-3.06	11.67	4.11		-0.55	12.18	8.01	4.17
Abril	-3.00	11.72	4.17		-0.45	12.44	8.32	4.12
Mayo	-4.17	12.02	4.49		-0.27	12.08	8.10	3.98
Junio	-4.85	12.81	4.77		-0.99	11.74	8.21	3.53
Julio	-5.92	14.38	5.32		-0.94	12.84	8.89	3.95
Agosto	-5.34	14.68	5.37		-1.02	13.68	8.93	4.75
Septiembre	-5.01	15.01	5.55		-1.15	14.39	9.18	5.21
Octubre	-6.48	15.80	5.30		-0.63	14.00	9.39	4.61
Noviembre	-7.52	16.81	5.40		-0.20	14.49	9.29	5.20
Diciembre	-6.39	16.05	4.77		1.76	16.20	10.85	5.34
PROMEDIO	-4.49	13.52	4.78		-0.55	13.27	8.85	4.42
1982
Enero	-7.51	17.58	4.47		1.16	15.70	10.24	5.46
Febrero	-9.89	14.41	5.30		7.89	17.72	11.06	6.66
Marzo	-10.50	15.23	3.93		10.44	19.11	12.27	6.83
Abril	-12.02	15.20	5.14		12.35	20.67	14.06	6.61
Mayo	-12.62	27.02	5.14		3.17	22.71	15.88	6.83
Junio	-9.90	19.05	5.51		11.60	26.27	17.23	9.04
Julio	-7.70	21.67	5.85		9.39	29.21	21.85	7.36
Agosto	-6.42	27.77	7.45		5.13	33.93	23.71	10.22
Septiembre	-2.88	31.54	7.92		0.97	37.56	27.69	9.87
Octubre	-14.14	39.96	8.57		8.98	43.37	32.46	10.91
Noviembre	-73.01	20.24	19.24		84.62	51.09	32.75	18.34
Diciembre	-67.21	81.46	21.04		28.43	63.73	38.90	24.83
PROMEDIO	-19.48	27.60	8.30		15.35	31.76	21.51	10.25
1983
Enero	-8.84	89.24	21.90		-37.59	64.72	36.01	28.72
Febrero	-10.66	93.14	21.92		-36.53	67.88	39.88	28.00
Marzo	13.08	79.23	23.38		-41.16	74.53	46.64	27.89
Abril	12.44	95.27	23.71		-51.14	80.27	50.88	29.39
Mayo	21.37	102.00	24.52		-60.41	87.48	52.92	34.56
Junio	10.91	101.46	25.25		-40.88	96.75	56.29	40.45
Julio	12.05	110.32	29.16		-44.34	107.20	62.39	44.81
Agosto	12.34	116.77	28.84		-41.92	116.03	63.18	52.85
Septiembre	9.90	125.38	27.70		-39.96	123.02	68.78	54.25
Octubre	4.91	139.14	28.01		-38.86	133.21	74.56	58.65
Noviembre	-11.97	39.26	41.59		74.51	143.38	84.50	58.88
Diciembre	-35.35	275.81	54.05		-99.67	194.84	124.76	70.08
PROMEDIO	2.51	113.92	29.17		-38.16	107.44	63.40	44.04
Fuente: Banco Central de Bolivia (BCB).								Continúa...
CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (1984 - 1987)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
1984
Enero	-24.37	279.75	55.84		-105.91	205.32	129.77	75.55
Febrero	-34.35	287.21	63.65		-97.37	219.14	121.32	97.82
Marzo	13.39	323.90	65.47		-153.13	249.63	177.59	72.04
Abril	39.05	-37.86	127.40		159.95	288.53	210.98	77.56
Mayo	-8.99	19.53	159.00		175.24	344.78	262.16	82.62
Junio	97.42	-146.95	180.75		318.17	449.39	342.35	107.04
Julio	183.49	-59.25	221.00		313.47	658.71	476.17	182.54
Agosto	119.78	160.76	264.70		266.72	811.95	556.70	255.25
Septiembre	152.35	195.43	325.06		261.89	934.72	696.22	238.51
Octubre	147.40	267.49	436.51		336.99	1,188.39	1,019.54	168.85
Noviembre	667.39	-1,762.19	668.49		1,918.00	1,491.68	1,254.52	237.16
Diciembre	649.90	2,926.47	981.08		-1,212.79	3,344.66	2,870.91	473.75
PROMEDIO	166.87	204.52	295.74		181.77	848.91	676.52	172.39
1985
Enero	722	2,825	1,042		-19	4,570	4,028	541
Febrero	4,860	-8,046	3,149		6,412	6,375	5,394	981
Marzo	4,210	-5,355	3,503		6,725	9,084	7,958	1,126
Abril	3,426	-2,155	4,108		7,656	13,036	11,098	1,938
Mayo	5,070	-3,325	6,166		13,589	21,500	18,952	2,548
Junio	3,366	2,339	7,484		15,368	28,558	24,123	4,435
Julio	1,688	18,127	10,852		14,375	45,042	41,547	3,495
Agosto	4,087	42,634	14,623		15,159	76,502	66,118	10,384
Septiembre	136,351	-334,763	84,714		225,444	111,746	89,411	22,335
Octubre	213,275	-363,752	88,643		190,384	128,550	117,469	11,081
Noviembre	237,555	-621,871	114,443		397,962	128,090	120,289	7,801
Diciembre	151,560	-205,632	129,854		125,411	201,193	173,819	27,373
PROMEDIO	63,848	-123,248	39,048		84,872	64,520	56,684	7,837
1986
Enero	268,136	-210,666	136,407		-23,473	170,404	156,373	14,031
Febrero	295,025	-238,435	140,673		-6,980	190,283	162,034	28,249
Marzo	321,587	-293,159	149,544		19,171	197,143	158,338	38,804
Abril	361,440	-391,620	144,090		104,360	218,270	175,970	42,300
Mayo	344,790	-420,190	157,160		157,030	238,790	192,690	46,100
Junio	377,487	-474,775	187,949		151,215	241,875	199,968	41,907
Julio	506,095	-488,030	220,591		23,072	261,728	207,513	54,215
Agosto	531,044	-532,577	234,146		28,530	261,144	211,240	49,904
Septiembre	599,667	-610,741	234,821		63,885	287,631	213,796	73,835
Octubre	647,370	-616,423	231,293		50,478	312,718	245,869	66,849
Noviembre	651,390	-629,653	291,275		41,256	354,268	262,332	91,936
Diciembre	474,406	-504,882	358,807		55,834	384,165	294,373	89,793
PROMEDIO	448,203	-450,929	207,230		55,365	259,868	206,708	53,160
1987
Enero	449,161	-537,105	370,750	0	78,953	361,759	259,630	102,129
Febrero	497,647	-548,893	379,599	0	67,028	395,381	297,542	97,839
Marzo	473,686	-575,894	392,227	0	96,920	386,939	283,778	103,161
Abril	440,891	-564,119	397,014	0	139,911	413,696	303,506	110,190
Mayo	396,616	-559,769	409,394	0	179,750	425,991	308,593	117,398
Junio	352,078	-476,496	425,481	0	135,810	436,873	301,948	134,926
Julio	299,398	-490,077	450,281	0	222,680	482,281	313,704	168,578
Agosto	267,683	-509,880	475,451	0	234,015	467,268	320,751	146,517
Septiembre	449,396	-518,089	483,726	0	68,675	483,708	337,320	146,388
Octubre	472,671	-507,180	482,325	0	54,064	501,880	356,392	145,488
Noviembre	458,396	-570,984	532,669	0	107,637	527,718	343,950	183,769
Diciembre	418,169	-393,040	541,378	14,365	-33,034	519,108	397,498	121,610
PROMEDIO	414,649	-520,961	445,025	1,197	112,701	450,217	318,718	131,499
Fuente: Banco Central de Bolivia (BCB).								Continúa...
CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (1988 - 1991)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
1988
Enero	323,011	-573,670	600,122	44,567	188,860	493,757	346,425	147,332
Febrero	359,419	-612,286	613,427	62,624	191,931	489,866	330,928	158,938
Marzo	332,712	-615,865	632,749	81,044	235,728	504,280	350,353	153,927
Abril	327,115	-662,523	676,296	85,315	259,525	515,097	356,906	158,192
Mayo	326,123	-675,166	701,197	87,242	258,457	523,368	350,956	172,413
Junio	449,166	-790,849	751,036	84,969	226,260	550,644	368,026	182,618
Julio	477,649	-826,023	764,522	95,273	240,809	561,684	374,552	187,132
Agosto	423,648	-771,040	781,259	127,673	282,792	588,987	370,859	218,128
Septiembre	487,554	-841,906	801,162	139,824	267,091	574,078	379,560	194,517
Octubre	431,009	-774,672	788,667	144,705	304,555	604,853	407,860	196,993
Noviembre	436,295	-835,197	821,773	151,725	340,133	611,279	404,808	206,471
Diciembre	397,531	-130,072	827,075	181,764	-219,617	693,153	526,082	167,071
PROMEDIO	397,603	-675,772	729,941	107,227	214,710	559,254	380,610	178,644
1989
Enero	257,696	-94,132	861,774	232,640	-194,136	598,562	422,775	175,787
Febrero	133,229	1,543	902,435	267,456	-176,694	593,057	421,088	171,969
Marzo	82,858	51,746	930,868	180,985	-213,964	670,523	437,076	233,447
Abril	34,488	61,612	989,004	168,811	-211,307	704,986	459,498	245,488
Mayo	-41,585	113,439	1,038,349	180,295	-251,350	678,558	432,522	246,036
Junio	-75,021	173,922	1,086,310	175,158	-324,094	685,959	450,375	235,584
Julio	-167,617	186,439	1,154,969	155,227	-358,847	659,717	439,339	220,378
Agosto	-182,928	141,976	1,179,824	166,178	-372,522	600,172	416,262	183,910
Septiembre	-52,198	153,992	1,163,209	214,678	-376,818	673,507	427,106	246,401
Octubre	-9,744	132,031	1,178,568	246,563	-364,390	689,902	428,805	261,097
Noviembre	82,468	151,739	1,216,126	293,068	-438,907	718,358	430,226	288,132
Diciembre	55,283	421,027	1,296,211	327,558	-629,375	815,588	500,299	315,289
PROMEDIO	9,744	124,611	1,083,137	217,385	-326,034	674,074	438,781	235,293
1990
Enero	-8,189	417,432	1,349,341	0	-624,556	1,134,028	417,294	716,734
Febrero	221,300	452,927	1,366,179	0	-781,506	1,258,900	447,215	811,685
Marzo	302,605	392,363	1,374,314	0	-791,561	1,277,721	434,522	843,199
Abril	244,042	364,970	1,421,320	0	-791,040	1,239,292	446,645	792,647
Mayo	169,009	379,908	1,440,322	0	-761,849	1,227,390	457,079	770,311
Junio	179,203	394,364	1,431,268	0	-785,812	1,219,023	484,680	734,343
Julio	296,372	384,123	1,432,155	0	-884,495	1,228,155	491,313	736,842
Agosto	341,664	441,949	1,449,844	0	-899,686	1,333,771	515,300	818,471
Septiembre	470,403	322,250	1,461,267	0	-875,391	1,378,529	504,184	874,345
Octubre	455,845	414,236	1,463,040	0	-937,921	1,395,200	500,935	894,265
Noviembre	602,178	332,967	1,468,890	0	-990,369	1,413,666	529,482	884,184
Diciembre	448,480	645,510	1,496,968	422,282	-1,095,847	1,072,829	638,838	433,991
PROMEDIO	310,243	411,917	1,429,576	35,190	-851,669	1,264,875	488,957	775,918
1991
Enero	408,221	534,264	1,552,598	503,354	-1,050,172	941,557	496,240	445,317
Febrero	543,139	569,644	1,561,810	579,540	-1,104,370	990,683	519,833	470,850
Marzo	698,429	544,614	1,553,905	612,967	-1,158,074	1,025,907	572,039	453,868
Abril	755,977	535,730	1,556,480	612,457	-1,176,307	1,059,423	578,038	481,385
Mayo	773,575	462,252	1,576,956	578,929	-1,140,933	1,092,921	611,115	481,806
Junio	825,619	529,736	1,579,464	570,808	-1,183,201	1,180,810	634,557	546,253
Julio	851,014	515,929	1,574,248	592,823	-1,167,002	1,181,366	631,554	549,812
Agosto	919,409	501,087	1,578,350	608,240	-1,150,464	1,240,142	661,445	578,697
Septiembre	1,020,999	412,528	1,575,263	604,405	-1,184,172	1,220,213	631,657	588,556
Octubre	951,316	532,930	1,566,343	549,527	-1,239,456	1,261,606	663,140	598,466
Noviembre	957,202	472,211	1,574,915	517,617	-1,200,864	1,285,847	654,864	630,983
Diciembre	749,210	684,486	1,610,345	480,428	-1,152,569	1,411,044	753,713	657,331
PROMEDIO	787,843	524,618	1,571,723	567,591	-1,158,965	1,157,627	617,350	540,277
CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (1991 - 1995)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
1992
Enero	736,066	535,446	1,620,908	396,861	-1,184,782	1,310,777	639,775	671,002
Febrero	915,808	459,827	1,639,356	393,053	-1,253,423	1,368,515	700,523	667,992
Marzo	953,615	437,684	1,645,172	434,126	-1,257,750	1,344,595	636,215	708,380
Abril	997,332	469,173	1,675,353	407,111	-1,308,954	1,425,793	726,045	699,748
Mayo	1,049,523	446,899	1,700,253	370,768	-1,355,607	1,470,300	720,433	749,867
Junio	1,220,353	326,876	1,716,259	413,353	-1,401,221	1,448,914	731,843	717,071
Julio	1,128,304	489,971	1,739,021	368,393	-1,447,140	1,541,763	795,617	746,146
Agosto	1,084,647	538,592	1,784,996	364,822	-1,443,673	1,599,740	764,161	835,579
Septiembre	1,168,816	397,999	1,793,487	373,055	-1,483,129	1,504,118	710,737	793,381
Octubre	1,185,055	466,656	1,849,026	339,320	-1,570,394	1,591,023	782,979	808,044
Noviembre	1,045,962	584,681	1,865,184	307,852	-1,588,977	1,598,998	732,546	866,452
Diciembre	954,758	1,936,299	1,544,049	248,502	-2,410,639	1,775,965	886,991	888,974
PROMEDIO	1,036,687	590,842	1,714,422	368,101	-1,475,474	1,498,375	735,655	762,720
1993
Enero	933,688	2,027,040	1,631,618	271,115	-2,445,674	1,875,557	797,130	1,078,427
Febrero	906,211	2,184,932	1,647,247	351,945	-2,524,603	1,861,842	817,336	1,044,506
Marzo	965,383	2,156,471	1,655,258	335,349	-2,538,239	1,903,524	810,575	1,092,949
Abril	955,288	2,224,722	1,664,736	396,460	-2,574,565	1,873,721	852,438	1,021,283
Mayo	988,164	2,288,885	1,644,927	344,401	-2,639,007	1,938,568	866,738	1,071,830
Junio	1,020,988	2,286,484	1,608,034	295,466	-2,700,701	1,919,339	850,138	1,069,201
Julio	1,052,818	2,332,029	1,595,328	339,838	-2,745,099	1,895,238	886,975	1,008,263
Agosto	1,202,491	2,231,315	1,547,410	359,169	-2,772,154	1,849,893	831,839	1,018,054
Septiembre	1,191,451	2,356,826	1,509,646	428,975	-2,781,188	1,847,760	821,677	1,026,083
Octubre	1,425,298	2,410,464	1,532,204	469,336	-2,864,329	2,034,301	888,138	1,146,163
Noviembre	1,458,448	2,388,468	1,518,910	464,212	-2,867,386	2,034,228	861,871	1,172,357
Diciembre	1,657,774	2,500,722	1,483,456	287,049	-3,002,580	2,352,323	1,033,600	1,318,723
PROMEDIO	1,146,500	2,282,363	1,586,565	361,943	-2,704,627	1,948,858	859,871	1,088,987
1994
Enero	1,490,043	2,458,168	1,453,194	261,770	-3,090,079	2,049,556	874,499	1,175,057
Febrero	1,565,980	2,514,563	1,452,576	153,770	-3,171,666	2,207,683	872,940	1,334,743
Marzo	1,667,046	2,423,635	1,433,402	116,746	-3,202,556	2,204,781	945,343	1,259,438
Abril	1,771,389	2,566,344	1,429,618	136,334	-3,335,539	2,295,478	955,286	1,340,192
Mayo	2,018,358	2,527,183	1,408,617	110,202	-3,545,520	2,298,436	951,983	1,346,453
Junio	2,019,246	2,579,543	1,440,148	91,896	-3,591,256	2,355,785	983,719	1,372,066
Julio	2,172,929	2,430,036	1,484,106	70,830	-3,574,512	2,441,729	1,087,786	1,353,943
Agosto	2,317,863	2,360,072	1,492,402	67,675	-3,674,112	2,428,550	1,082,360	1,346,190
Septiembre	2,299,171	2,461,797	1,447,344	52,822	-3,694,515	2,460,975	1,149,633	1,311,342
Octubre	2,397,487	2,480,604	1,442,166	76,769	-3,759,774	2,483,714	1,164,183	1,319,531
Noviembre	2,286,285	2,415,755	1,614,420	68,523	-3,828,928	2,419,009	1,166,348	1,252,661
Diciembre	2,356,210	2,599,471	2,512,330	55,804	-4,651,929	2,760,278	1,405,990	1,354,288
PROMEDIO	2,030,167	2,484,764	1,550,860	105,262	-3,593,366	2,367,165	1,053,339	1,313,825
1995
Enero	2,245,038	949,531	2,526,097	81,060	-2,991,834	2,647,772	1,185,776	1,461,996
Febrero	2,123,507	1,004,524	2,485,384	75,941	-2,952,857	2,584,617	1,238,174	1,346,443
Marzo	2,210,231	895,954	2,485,440	267,689	-2,803,280	2,520,656	1,212,697	1,307,959
Abril	1,954,295	920,566	2,504,208	93,430	-2,757,392	2,528,247	1,259,153	1,269,094
Mayo	2,155,768	786,813	2,568,989	236,156	-2,760,306	2,515,108	1,279,010	1,236,098
Junio	2,191,741	743,873	2,689,104	239,681	-2,714,062	2,670,975	1,378,253	1,292,722
Julio	2,481,465	598,055	2,606,080	316,111	-2,793,082	2,576,407	1,341,463	1,234,944
Agosto	2,493,882	322,539	2,913,493	221,042	-2,918,638	2,590,234	1,362,039	1,228,195
Septiembre	2,667,497	235,518	2,915,662	406,467	-2,912,049	2,500,161	1,378,804	1,121,357
Octubre	2,651,763	230,968	3,081,916	418,449	-2,925,858	2,620,340	1,388,555	1,231,785
Noviembre	2,754,707	159,625	3,116,575	320,042	-3,009,705	2,701,160	1,403,161	1,297,999
Diciembre	3,205,720	258,244	2,905,114	349,684	-2,914,156	3,105,238	1,693,986	1,411,252
PROMEDIO	2,427,968	592,184	2,733,172	252,146	-2,871,102	2,630,076	1,343,423	1,286,654
Fuente: Banco Central de Bolivia (BCB).								Continúa…
CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (1996 - 1999)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
1996
Enero	3,399,877	-110,741	2,976,610	297,603	-3,044,681	2,923,462	1,344,419	1,579,043
Febrero	3,593,355	-400,285	2,958,802	241,808	-3,063,940	2,846,124	1,319,356	1,526,768
Marzo	3,663,202	-575,323	3,056,354	161,239	-3,060,343	2,922,651	1,322,241	1,600,410
Abril	3,934,120	-723,718	3,008,629	167,270	-3,015,773	3,035,988	1,373,501	1,662,487
Mayo	4,164,324	-889,822	3,059,527	138,217	-3,025,068	3,170,744	1,420,844	1,749,900
Junio	4,305,434	-1,008,087	3,044,358	93,891	-2,951,153	3,296,661	1,464,023	1,832,638
Julio	4,469,506	-1,033,536	3,036,357	69,573	-3,030,919	3,371,835	1,457,005	1,914,830
Agosto	4,563,699	-1,060,044	3,031,857	100,470	-3,040,921	3,394,121	1,494,483	1,899,638
Septiembre	4,674,389	-1,098,818	3,039,480	118,403	-3,061,441	3,435,207	1,467,436	1,967,772
Octubre	4,763,057	-1,149,082	3,079,082	64,015	-3,114,098	3,514,944	1,481,705	2,033,239
Noviembre	4,765,762	-1,070,178	3,023,332	70,573	-3,033,615	3,614,728	1,495,059	2,119,669
Diciembre	4,925,289	-908,025	2,969,492	23,797	-2,995,067	3,967,892	1,795,704	2,172,188
PROMEDIO	4,268,501	-835,638	3,023,657	128,905	-3,036,418	3,291,196	1,452,981	1,838,215
1997
Enero	4,778,343	-1,114,692	2,978,385	42,406	-2,998,105	3,601,525	1,535,908	2,065,617
Febrero	4,648,139	-990,317	3,060,262	44,709	-3,037,307	3,636,068	1,519,106	2,116,962
Marzo	4,562,011	-929,839	3,090,850	32,775	-3,017,840	3,672,407	1,512,209	2,160,198
Abril	4,880,958	-897,970	3,208,995	47,360	-3,027,670	4,116,953	1,589,418	2,527,535
Mayo	5,420,510	-1,180,211	3,042,546	76,977	-3,008,226	4,197,642	1,713,103	2,484,539
Junio	5,441,035	-1,264,007	2,994,650	70,962	-2,957,012	4,143,704	1,801,578	2,342,126
Julio	6,168,253	-1,467,054	2,938,811	60,165	-3,048,345	4,531,500	1,773,550	2,757,950
Agosto	6,097,201	-1,321,679	2,886,241	35,000	-3,457,171	4,169,592	1,752,001	2,417,591
Septiembre	6,033,232	-1,140,701	2,783,523	45,000	-3,394,126	4,236,928	1,708,572	2,528,356
Octubre	6,003,569	-1,063,001	2,870,921	10,000	-3,477,888	4,323,601	1,829,638	2,493,963
Noviembre	5,809,827	-928,504	2,813,406	35,000	-3,503,376	4,156,353	1,756,095	2,400,257
Diciembre	5,714,012	-455,159	2,896,439	0	-3,414,368	4,740,923	2,050,244	2,690,679
PROMEDIO	5,463,091	-1,062,761	2,963,752	41,696	-3,195,120	4,127,266	1,711,785	2,415,481
1998
Enero	5,379,970	-606,123	3,029,297	10,000	-3,490,858	4,302,286	1,812,797	2,489,489
Febrero	5,135,679	-489,330	3,245,611	0	-3,441,808	4,450,152	1,832,754	2,617,398
Marzo	5,100,400	-622,394	3,143,626	0	-3,442,862	4,178,770	1,710,765	2,468,005
Abril	5,330,751	-512,398	3,078,496	0	-3,451,410	4,445,439	1,846,235	2,599,204
Mayo (2)	5,738,041	-716,798	3,205,462	0	-4,725,624	3,501,081	1,799,178	1,701,903
Junio	5,765,292	-537,220	3,212,400	270,334	-4,742,693	3,427,446	1,844,807	1,582,638
Julio	5,823,020	-410,119	2,987,552	0	-4,818,571	3,581,882	1,910,115	1,671,767
Agosto	5,997,372	-772,208	2,942,253	0	-4,764,366	3,403,051	1,888,900	1,514,151
Septiembre	5,749,303	-659,529	3,040,561	0	-4,944,564	3,185,771	1,847,510	1,338,261
Octubre	5,530,730	-654,371	3,125,446	0	-4,922,425	3,079,380	1,927,356	1,152,024
Noviembre	5,602,527	-735,319	3,248,276	0	-4,959,878	3,155,607	1,850,807	1,304,800
Diciembre	5,997,643	-440,209	3,089,706	0	-5,078,714	3,568,426	2,183,162	1,385,264
PROMEDIO	5,595,894	-596,335	3,112,391	23,361	-4,398,648	3,689,941	1,871,199	1,818,742
1999
Enero	5,795,050	-624,333	3,004,057	0	-5,105,589	3,069,185	1,861,548	1,207,637
Febrero	5,829,101	-611,137	3,075,944	0	-5,169,405	3,124,503	1,812,251	1,312,252
Marzo	5,648,724	-459,552	3,044,094	28,550	-5,210,795	2,993,920	1,774,396	1,219,524
Abril	5,502,798	-457,346	3,067,148	0	-5,253,280	2,859,319	1,828,252	1,031,068
Mayo	5,615,700	-584,115	3,325,422	161,212	-5,217,535	2,978,261	1,770,720	1,207,542
Junio	5,797,730	-582,763	3,355,022	450,150	-5,268,597	2,851,243	1,766,862	1,084,380
Julio	5,439,420	-229,995	3,295,343	329,095	-5,293,935	2,881,737	1,789,952	1,091,785
Agosto	5,549,999	-193,264	3,342,788	478,623	-5,290,468	2,930,432	1,697,228	1,233,204
Septiembre	6,216,580	-613,378	3,231,665	574,386	-5,448,046	2,812,435	1,717,373	1,095,061
Octubre	5,873,726	-505,985	3,447,862	469,446	-5,450,072	2,896,084	1,780,999	1,115,085
Noviembre	5,868,562	-594,240	3,596,600	414,541	-5,598,048	2,858,332	1,730,619	1,127,713
Diciembre	6,659,599	-311,004	3,375,461	604,549	-5,434,794	3,684,713	2,157,814	1,526,899
PROMEDIO	5,816,416	-480,593	3,263,450	292,546	-5,311,714	2,995,014	1,807,334	1,187,679
Fuente: Banco Central de Bolivia (BCB).
CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (2000 - 2003)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
2000
Enero	6,609,152	-250,607	3,216,547	748,796	-5,517,946	3,308,350	1,779,836	1,528,514
Febrero	6,524,471	-200,831	3,223,558	751,742	-5,632,174	3,163,280	1,686,806	1,476,474
Marzo	6,262,894	-274,830	3,269,755	663,661	-5,509,299	3,084,859	1,677,701	1,407,158
Abril	6,140,437	-173,960	3,310,449	703,180	-5,506,279	3,067,466	1,773,143	1,294,323
Mayo	6,313,074	-372,783	3,220,115	628,500	-5,544,718	2,987,189	1,693,451	1,293,738
Junio	6,430,532	-470,035	3,244,481	567,849	-5,704,309	2,932,820	1,771,842	1,160,978
Julio	6,172,554	-265,802	3,190,385	488,238	-5,671,306	2,937,593	1,722,110	1,215,483
Agosto	6,167,469	-170,091	3,172,135	484,395	-5,715,225	2,969,892	1,692,014	1,277,878
Septiembre	6,164,249	-57,893	2,860,018	492,424	-5,419,597	3,054,353	1,744,178	1,310,174
Octubre	6,238,513	-199,532	2,836,927	488,723	-5,389,805	2,997,380	1,776,121	1,221,259
Noviembre	6,227,798	-164,044	2,808,677	456,733	-5,485,330	2,930,368	1,709,850	1,220,518
Diciembre	6,921,009	328,651	2,707,238	398,437	-5,454,380	4,104,082	2,175,276	1,928,806
PROMEDIO	6,347,679	-189,313	3,088,357	572,723	-5,545,864	3,128,136	1,766,861	1,361,275
2001
Enero	6,243,808	241,666	2,698,539	446,255	-5,543,165	3,194,593	1,829,625	1,364,968
Febrero	6,306,448	353,332	2,642,181	553,544	-5,568,566	3,179,851	1,839,035	1,340,816
Marzo	6,252,025	440,964	2,631,576	612,140	-5,549,113	3,163,312	1,764,518	1,398,794
Abril	6,374,397	195,506	2,638,919	555,455	-5,560,628	3,092,738	1,792,487	1,300,251
Mayo	6,540,379	273,298	2,627,989	526,131	-5,682,974	3,232,559	1,781,368	1,451,191
Junio	6,915,568	-91,771	2,783,696	529,142	-5,701,314	3,377,037	1,901,506	1,475,531
Julio	7,036,180	-110,566	2,665,623	507,616	-5,789,651	3,293,970	1,863,309	1,430,661
Agosto	6,976,104	72,988	2,572,103	500,165	-5,829,291	3,291,738	1,859,146	1,432,592
Septiembre	6,887,188	225,226	2,589,867	474,934	-6,025,728	3,201,618	1,871,172	1,330,446
Octubre	6,977,379	194,429	2,679,421	475,889	-6,109,337	3,266,003	1,893,638	1,372,365
Noviembre	7,521,849	-306,334	2,608,747	470,835	-6,055,352	3,298,075	1,888,555	1,409,520
Diciembre	7,337,142	653,301	2,617,547	373,408	-5,779,405	4,455,176	2,396,358	2,058,818
PROMEDIO	6,780,706	178,503	2,646,351	502,126	-5,766,210	3,337,223	1,890,060	1,447,163
2002
Enero	7,517,651	-62,759	2,639,367	279,170	-6,078,461	3,736,629	1,958,220	1,778,408
Febrero	7,219,796	193,986	2,680,025	246,699	-6,284,991	3,562,116	1,952,256	1,609,860
Marzo	6,764,398	310,975	2,768,336	298,995	-6,257,711	3,287,003	1,956,145	1,330,858
Abril	6,577,483	481,180	2,771,717	329,125	-6,360,460	3,140,795	1,918,357	1,222,439
Mayo	6,924,083	577,907	2,737,961	355,309	-6,506,438	3,378,203	2,055,323	1,322,880
Junio	6,472,817	834,966	3,191,100	262,091	-6,593,507	3,643,283	2,040,596	1,602,687
Julio	5,920,116	-90,588	4,884,290	136,622	-5,905,990	4,671,206	2,086,684	2,584,522
Agosto	6,842,278	425,498	3,375,184	102,899	-5,850,551	4,689,510	2,084,063	2,605,447
Septiembre	6,769,837	859,916	2,711,291	104,473	-5,938,395	4,298,176	2,088,087	2,210,089
Octubre	6,631,059	1,144,215	2,553,018	430,400	-6,003,774	3,894,118	1,989,118	1,905,000
Noviembre	6,460,843	1,572,019	2,516,804	506,602	-6,070,272	3,972,792	2,155,613	1,817,179
Diciembre	6,386,749	2,190,137	2,500,686	143,034	-6,290,437	4,644,099	2,677,868	1,966,231
PROMEDIO	6,707,259	703,121	2,944,148	266,285	-6,178,415	3,909,828	2,080,194	1,829,633
2003
Enero	6,653,296	2,178,583	2,479,824	463,962	-6,491,503	4,356,237	2,294,604	2,061,634
Febrero	5,471,178	2,375,581	2,784,940	349,248	-6,409,491	3,872,960	2,350,977	1,521,983
Marzo	5,525,010	2,460,532	2,544,043	408,663	-6,240,169	3,880,753	2,171,033	1,709,720
Abril	5,760,089	2,222,459	2,542,654	377,401	-6,240,188	3,907,614	2,288,261	1,619,353
Mayo	5,731,133	2,400,939	2,559,586	425,044	-6,493,461	3,773,153	2,345,089	1,428,064
Junio	6,627,954	1,902,978	2,496,223	611,728	-6,354,942	4,060,485	2,389,146	1,671,340
Julio	6,676,785	2,186,202	2,472,163	620,008	-6,485,461	4,229,681	2,449,232	1,780,449
Agosto	6,638,350	2,235,428	2,510,656	591,396	-6,652,050	4,140,988	2,469,227	1,671,761
Septiembre	6,968,899	1,913,576	2,519,607	619,541	-6,700,758	4,081,783	2,450,985	1,630,798
Octubre	7,825,216	2,387,626	2,698,735	515,033	-6,766,592	5,629,951	2,623,736	3,006,215
Noviembre	6,915,935	2,469,539	2,492,560	341,391	-6,855,597	4,681,046	2,646,297	2,034,749
Diciembre	7,631,109	2,262,455	2,497,080	165,831	-6,987,167	5,237,647	3,193,035	2,044,611
PROMEDIO	6,535,413	2,249,658	2,549,839	457,437	-6,556,448	4,321,025	2,472,635	1,848,390
Fuente: Banco Central de Bolivia (BCB).								Continúa…
CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (2004 - 2007)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
2004
Enero	6,995,269	2,459,075	2,496,802	261,637	-6,968,634	4,720,874	2,690,187	2,030,688
Febrero	6,760,039	2,460,965	2,551,615	442,409	-6,924,413	4,405,797	2,702,239	1,703,559
Marzo	7,004,280	2,026,529	2,611,810	474,984	-7,089,052	4,078,584	2,494,379	1,584,205
Abril	6,243,883	2,344,050	2,924,422	411,228	-6,915,771	4,185,356	2,672,384	1,512,972
Mayo	6,459,504	2,322,713	2,651,597	225,419	-7,003,005	4,205,390	2,607,355	1,598,035
Junio (3)	6,373,649	2,149,551	2,473,964	354,172	-6,314,201	4,328,791	2,777,063	1,551,728
Julio	6,816,626	2,325,825	2,183,913	271,241	-6,341,459	4,713,664	2,969,548	1,744,116
Agosto	7,147,682	2,405,308	2,160,395	350,714	-6,554,184	4,808,487	2,953,561	1,854,926
Septiembre	7,585,826	1,888,405	2,169,959	713,288	-6,644,871	4,286,032	2,995,945	1,290,087
Octubre	7,968,010	1,787,264	2,179,241	661,460	-6,777,923	4,495,132	3,118,357	1,376,776
Noviembre	8,496,477	1,391,266	2,188,633	652,730	-6,990,036	4,433,611	3,109,938	1,323,672
Diciembre	9,031,338	1,905,031	2,182,130	535,051	-6,814,230	5,769,218	3,865,381	1,903,837
PROMEDIO	7,240,215	2,122,165	2,397,873	446,194	-6,778,148	4,535,911	2,913,028	1,622,883
2005
Enero	8,179,866	2,149,129	2,110,833	480,689	-6,795,402	5,163,737	3,320,525	1,843,212
Febrero	8,428,293	2,138,155	2,116,341	464,962	-6,907,374	5,310,454	3,272,208	2,038,246
Marzo	8,366,325	1,594,655	2,078,737	470,982	-6,783,957	4,784,778	3,214,677	1,570,101
Abril	8,906,262	1,532,264	2,086,226	432,064	-6,768,727	5,323,961	3,556,462	1,767,499
Mayo	8,840,938	1,421,269	2,132,312	422,971	-6,831,717	5,139,830	3,552,435	1,587,395
Junio	9,396,651	1,194,823	2,091,504	410,355	-7,019,702	5,252,921	3,670,032	1,582,889
Julio	10,044,202	958,882	2,063,927	485,156	-6,993,430	5,588,426	3,848,862	1,739,564
Agosto	10,741,174	697,861	2,068,230	578,695	-7,104,391	5,824,178	4,031,247	1,792,931
Septiembre	11,148,344	684,845	2,075,237	645,936	-7,459,653	5,802,837	4,255,116	1,547,721
Octubre	12,141,657	260,950	2,011,829	640,059	-7,483,153	6,291,225	4,406,014	1,885,211
Noviembre	13,196,180	156,407	2,044,145	686,512	-7,737,380	6,972,840	4,504,633	2,468,207
Diciembre	13,713,293	688,091	2,071,439	710,091	-7,880,025	7,882,707	5,594,201	2,288,506
PROMEDIO	10,258,599	1,123,111	2,079,230	535,706	-7,147,076	5,778,158	3,935,534	1,842,624
2006
Enero	14,587,730	-1,648,687	2,114,276	949,806	-6,879,912	7,223,601	5,086,728	2,136,873
Febrero	14,990,601	-1,861,521	2,156,549	1,028,162	-6,781,219	7,476,249	5,120,841	2,355,408
Marzo	16,051,614	-3,092,550	2,106,930	1,085,721	-6,871,264	7,109,009	5,009,120	2,099,889
Abril	17,644,597	-3,801,234	2,057,737	1,158,362	-7,212,612	7,530,127	5,279,907	2,250,220
Mayo	19,114,273	-4,739,770	2,040,606	1,181,610	-7,430,786	7,802,713	5,454,210	2,348,503
Junio	19,693,619	-5,224,217	2,104,662	1,318,761	-7,097,184	8,158,119	5,825,657	2,332,462
Julio	21,263,533	-6,036,423	2,029,819	1,347,670	-7,446,724	8,462,535	6,078,313	2,384,223
Agosto	22,066,547	-6,696,649	2,034,004	1,439,017	-7,410,150	8,554,734	6,145,235	2,409,499
Septiembre	22,937,481	-7,524,650	2,017,884	1,386,236	-7,405,020	8,639,458	6,338,124	2,301,334
Octubre	23,616,861	-7,851,592	2,035,752	1,516,453	-7,571,389	8,713,179	6,453,752	2,259,427
Noviembre	24,412,010	-7,669,078	2,054,293	1,736,353	-7,909,463	9,151,408	6,743,471	2,407,938
Diciembre	25,209,363	-6,146,739	2,015,643	1,922,997	-7,928,165	11,227,106	8,012,031	3,215,075
PROMEDIO	20,132,352	-5,191,092	2,064,013	1,339,262	-7,328,657	8,337,353	5,962,282	2,375,071
2007
Enero	25,626,520	-7,090,939	2,028,701	2,330,778	-8,049,697	10,183,807	7,449,216	2,734,591
Febrero	26,584,574	-7,536,965	2,033,258	2,652,258	-8,215,056	10,213,553	7,514,710	2,698,843
Marzo	27,872,894	-8,373,863	1,993,352	3,063,162	-8,053,080	10,376,140	7,746,717	2,629,423
Abril	29,459,328	-9,355,528	2,019,262	3,180,773	-8,245,407	10,696,882	8,073,064	2,623,818
Mayo	30,226,833	-10,035,894	2,089,730	3,395,120	-8,071,898	10,813,650	8,281,724	2,531,926
Junio	30,542,296	-9,203,286	2,035,691	3,846,773	-8,082,410	11,445,519	8,738,273	2,707,246
Julio	31,962,351	-9,927,078	2,021,865	4,122,810	-8,058,979	11,875,350	9,260,222	2,615,128
Agosto	33,798,421	-9,554,584	1,936,314	5,266,983	-7,997,358	12,915,811	9,971,906	2,943,905
Septiembre	36,564,980	-9,870,917	1,929,687	6,229,578	-8,657,989	13,736,184	10,449,871	3,286,313
Octubre	37,713,249	-10,005,801	1,937,543	6,834,264	-8,925,587	13,885,140	10,649,343	3,235,796
Noviembre	38,751,161	-9,953,058	2,071,741	7,174,850	-9,016,563	14,678,432	11,323,177	3,355,255
Diciembre	40,266,643	-8,061,803	2,118,621	7,647,982	-9,217,185	17,458,294	13,117,459	4,340,834
PROMEDIO	32,447,438	-9,080,810	2,017,980	4,645,444	-8,382,601	12,356,563	9,381,307	2,975,257
Fuente: Banco Central de Bolivia (BCB).								Continúa…
CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (2008 - 2011)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
2008
Enero	42,335,485	-8,564,986	1,884,142	8,975,907	-9,852,171	16,826,563	12,516,286	4,310,276
Febrero	44,894,895	-9,421,012	1,932,302	10,656,744	-10,003,935	16,745,506	12,643,590	4,101,916
Marzo	46,116,178	-10,573,580	2,049,594	11,630,793	-9,188,388	16,773,012	12,680,025	4,092,987
Abril	47,546,698	-11,186,029	2,011,228	12,937,382	-7,937,469	17,497,046	13,383,022	4,114,024
Mayo	49,232,111	-11,184,797	1,881,605	13,555,718	-7,462,115	18,911,087	14,063,595	4,847,491
Junio	50,703,496	-11,849,874	1,766,683	14,614,732	-7,043,299	18,962,274	14,521,846	4,440,428
Julio	52,368,312	-13,080,950	1,853,808	15,553,196	-6,278,023	19,309,951	15,009,407	4,300,545
Agosto	53,884,912	-13,971,225	1,737,047	15,970,258	-5,493,110	20,187,366	15,397,189	4,790,177
Septiembre	54,597,025	-13,948,737	1,713,620	16,098,211	-5,699,368	20,564,329	15,514,641	5,049,688
Octubre	52,535,528	-13,577,531	1,833,771	15,846,543	-4,865,631	20,079,595	14,967,642	5,111,953
Noviembre	53,095,749	-13,789,405	1,743,602	15,634,104	-5,494,677	19,921,164	14,762,394	5,158,770
Diciembre	53,822,520	-11,931,858	1,681,223	15,462,308	-5,817,077	22,292,500	15,807,424	6,485,076
PROMEDIO	50,094,409	-11,923,332	1,840,719	13,911,325	-7,094,605	19,005,866	14,272,255	4,733,611
2009
Enero	54,251,012	-12,564,235	1,673,698	15,821,435	-5,998,070	21,540,969	14,648,961	6,892,008
Febrero	53,523,405	-13,157,015	1,687,386	15,682,864	-6,140,145	20,230,766	14,188,881	6,041,885
Marzo	54,121,842	-13,994,098	1,668,654	15,876,555	-6,099,359	19,820,482	13,713,709	6,106,773
Abril	53,949,110	-15,092,949	1,668,956	15,463,334	-5,775,222	19,286,561	13,695,525	5,591,036
Mayo	55,025,195	-16,211,805	1,661,637	14,787,921	-6,339,079	19,348,028	13,854,831	5,493,196
Junio	55,450,855	-15,645,075	1,659,002	14,238,229	-6,180,255	21,046,297	14,029,722	7,016,575
Julio	55,817,106	-16,557,845	1,634,425	13,096,721	-6,136,587	21,660,379	14,112,625	7,547,754
Agosto	57,920,766	-16,285,248	1,385,772	12,703,056	-7,752,031	22,566,203	14,185,762	8,380,441
Septiembre	58,920,585	-15,842,018	1,377,464	11,993,699	-8,156,110	24,306,221	14,321,078	9,985,143
Octubre	59,936,142	-14,869,605	1,402,107	11,491,833	-8,505,325	26,471,487	14,950,893	11,520,594
Noviembre	61,058,362	-14,810,161	1,382,130	11,218,168	-9,504,111	26,908,052	15,156,235	11,751,816
Diciembre	59,803,316	-12,037,862	1,363,711	10,916,883	-8,644,191	29,568,091	17,079,537	12,488,554
PROMEDIO	56,648,141	-14,755,660	1,547,078	13,607,558	-7,102,540	22,729,461	14,494,813	8,234,648
2010
Enero	59,651,822	-12,046,326	1,345,658	9,254,632	-8,343,662	31,352,860	16,393,511	14,959,349
Febrero	59,408,860	-11,898,433	1,166,485	8,552,009	-8,258,578	31,866,325	16,132,999	15,733,326
Marzo	58,877,965	-12,534,190	1,191,801	7,742,689	-8,058,052	31,734,835	16,082,228	15,652,608
Abril	58,828,476	-14,535,737	1,170,984	7,101,086	-8,205,404	30,157,232	16,364,132	13,793,100
Mayo	58,936,172	-14,921,374	1,166,096	7,017,797	-7,759,772	30,403,324	16,657,145	13,746,179
Junio	59,505,108	-16,051,878	1,186,149	6,894,360	-7,841,730	29,903,289	16,848,031	13,055,259
Julio	60,059,586	-17,451,956	1,149,029	6,715,767	-8,142,192	28,898,701	17,128,772	11,769,929
Agosto	60,898,116	-18,695,844	1,162,700	6,616,042	-8,129,280	28,619,650	17,032,519	11,587,131
Septiembre	63,137,502	-19,622,557	1,181,413	6,831,080	-9,209,136	28,656,142	17,150,346	11,505,796
Octubre	64,177,562	-20,206,231	1,158,326	7,297,223	-9,653,952	28,178,483	17,589,634	10,588,849
Noviembre	64,544,093	-20,380,591	1,158,088	7,563,933	-8,967,800	28,789,856	18,243,160	10,546,696
Diciembre	67,523,804	-19,033,717	1,292,932	8,033,230	-9,172,314	32,577,475	22,484,784	10,092,691
PROMEDIO	61,295,756	-16,448,236	1,194,138	7,468,321	-8,478,489	30,094,848	17,342,272	12,752,576
2011
Enero	69,511,895	-20,395,683	1,165,867	8,405,553	-8,917,947	32,958,579	21,237,392	11,721,187
Febrero	71,670,840	-21,398,483	1,166,556	9,201,525	-9,483,391	32,753,998	20,926,813	11,827,185
Marzo	72,352,563	-20,515,376	1,096,133	9,898,914	-9,715,907	33,318,499	20,716,929	12,601,570
Abril	74,080,943	-22,720,669	1,135,944	11,097,921	-11,218,754	30,179,544	21,172,659	9,006,885
Mayo	73,562,655	-24,039,985	1,298,666	10,673,731	-10,759,662	29,387,941	21,479,376	7,908,566
Junio	73,969,250	-23,153,206	1,135,082	10,264,382	-10,528,976	31,157,769	22,239,756	8,918,013
Julio	75,822,954	-24,583,660	1,190,865	9,795,498	-11,197,159	31,437,502	22,681,374	8,756,128
Agosto	79,912,282	-25,793,167	1,181,445	9,581,445	-13,083,976	32,635,140	22,914,441	9,720,699
Septiembre	78,373,953	-26,182,201	1,173,215	9,050,849	-9,994,050	34,320,068	23,192,246	11,127,822
Octubre	81,771,252	-26,496,707	1,180,401	9,121,970	-11,957,553	35,375,423	23,424,677	11,950,746
Noviembre	83,107,109	-25,953,885	1,033,807	9,870,618	-10,621,674	37,694,738	23,472,054	14,222,684
Diciembre	82,447,240	-23,173,066	1,072,530	9,839,279	-8,739,321	41,768,104	25,813,629	15,954,475
PROMEDIO	76,381,912	-23,700,507	1,152,543	9,733,474	-10,518,197	33,582,275	22,439,279	11,142,997
Fuente: Banco Central de Bolivia (BCB).								Continúa…
CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (2012 - 2015)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
2012
Enero	85,674,112	-26,541,033	1,059,574	9,961,433	-10,712,766	39,518,453	24,903,079	14,615,374
Febrero	87,390,353	-27,446,881	1,065,606	10,348,573	-11,489,095	39,171,409	24,625,367	14,546,043
Marzo	87,442,024	-27,543,760	1,051,593	11,053,076	-10,193,487	39,703,293	24,540,511	15,162,782
Abril	86,251,619	-28,166,397	1,055,430	11,021,629	-10,095,713	38,023,310	24,721,195	13,302,115
Mayo	85,214,077	-29,605,297	1,066,103	11,828,856	-8,120,193	36,725,834	24,672,153	12,053,681
Junio	85,336,746	-29,131,073	1,183,072	11,709,302	-8,175,614	37,503,828	25,236,766	12,267,063
Julio	87,451,191	-31,072,633	1,176,639	11,604,848	-8,974,204	36,976,146	25,355,067	11,621,079
Agosto	89,616,979	-32,641,458	1,181,725	10,803,672	-9,438,339	37,915,235	25,426,304	12,488,931
Septiembre	92,056,103	-31,624,134	1,184,213	10,729,974	-11,077,395	39,808,813	25,897,635	13,911,178
Octubre	94,474,217	-35,032,582	1,203,894	10,437,046	-10,310,810	39,897,674	26,314,863	13,582,811
Noviembre	95,530,938	-34,484,140	1,227,195	9,639,685	-10,344,301	42,290,007	26,514,102	15,775,905
Diciembre	95,537,302	-29,315,840	1,230,435	8,979,307	-9,801,990	48,670,600	29,304,721	19,365,879
PROMEDIO	89,331,305	-30,217,102	1,140,457	10,676,450	-9,894,492	39,683,717	25,625,980	14,057,737
2013
Enero	96,376,112	96,374,005	1,137,183	9,103,131	-11,015,069	45,853,153	28,012,282	17,840,871
Febrero	96,730,243	96,731,574	1,210,416	9,851,630	-9,727,446	45,106,015	27,306,081	17,799,934
Marzo	97,327,464	97,333,384	1,203,896	11,274,140	-9,868,298	43,142,449	27,228,804	15,913,644
Abril	97,454,961	97,453,276	1,219,793	11,520,913	-8,913,288	41,892,661	27,317,811	14,574,850
Mayo	96,092,337	96,088,897	1,232,462	11,379,481	-7,490,944	41,468,493	27,559,288	13,909,206
Junio	95,708,682	95,704,238	1,239,326	12,394,365	-5,585,850	43,314,166	28,006,657	15,307,508
Julio	98,170,943	98,170,463	1,229,150	11,897,093	-7,000,504	42,593,306	28,120,126	14,473,180
Agosto	98,792,861	98,793,499	1,235,258	11,344,336	-3,678,436	43,705,429	28,193,830	15,511,599
Septiembre	99,590,410	99,583,003	1,212,528	13,505,753	-3,348,524	42,603,227	28,401,662	14,201,565
Octubre	97,754,840	97,752,222	5,343,255	14,600,629	-3,631,603	43,193,946	28,843,926	14,350,020
Noviembre	97,605,235	97,600,649	5,631,333	16,147,562	-2,505,885	43,378,119	29,206,523	14,171,595
Diciembre	98,990,792	98,990,999	5,303,660	16,751,873	-2,123,565	51,605,915	32,716,399	18,889,516
PROMEDIO	97,549,573	97,548,017	2,266,522	12,480,909	-6,240,784	43,988,073	28,409,449	15,578,624
2014
Enero	99,603,166	99,602,093	-1,074	-35,379,874	-2,240,860	46,502,026	31,188,644	15,313,382
Febrero	99,865,789	99,864,320	-1,469	-35,909,120	-3,047,455	44,971,026	30,835,216	14,135,810
Marzo	99,405,215	99,401,889	-3,326	-37,354,260	-2,911,922	43,583,380	30,229,382	13,353,999
Abril	99,696,558	99,680,984	-15,574	-38,644,747	-3,047,529	44,933,133	30,314,577	14,618,556
Mayo	99,749,117	99,745,998	-3,119	-39,922,868	-2,492,074	44,710,186	30,550,862	14,159,324
Junio	101,588,719	101,586,518	-2,201	-39,064,966	-3,222,177	46,248,208	31,016,998	15,231,210
Julio	102,031,406	102,032,391	984	-41,939,026	-2,808,348	45,999,455	31,008,182	14,991,273
Agosto	105,610,887	105,618,558	7,670	-44,207,526	-2,445,703	47,132,791	31,293,200	15,839,592
Septiembre	104,764,912	104,766,011	1,099	-42,349,181	-979,333	48,305,382	31,388,003	16,917,379
Octubre	105,552,975	105,552,402	-573	-40,838,066	-633,693	51,843,439	31,935,587	19,907,852
Noviembre	106,174,946	106,176,007	1,062	-40,093,650	-466,479	52,751,708	32,282,779	20,468,929
Diciembre	103,742,697	103,744,838	2,141	-29,328,916	66,309	61,256,800	36,670,596	24,586,204
PROMEDIO	102,315,532	102,314,334	-1,198	-38,752,683	-2,019,105	48,186,461	31,559,502	16,626,959
2015
Enero	103,497,932	-31,461,852	5,265,640	19,617,267	434,159	58,118,611	34,911,156	23,207,456
Febrero	103,884,496	-31,891,981	5,265,660	21,960,568	851,831	56,149,438	33,839,186	22,310,252
Marzo	102,677,274	-31,100,462	5,231,656	25,014,515	1,374,400	53,168,354	33,144,829	20,023,525
Abril	101,809,081	-33,126,363	5,740,724	22,556,011	790,452	52,657,882	32,939,509	19,718,373
Mayo	100,483,061	-31,763,446	5,242,367	22,330,804	1,261,131	52,892,309	33,434,674	19,457,635
Junio	100,896,458	-31,746,886	5,285,846	19,952,265	1,093,695	55,576,848	33,398,303	22,178,545
Julio	99,374,487	-33,903,953	5,273,058	18,442,185	2,402,633	54,704,039	33,224,317	21,479,723
Agosto	98,459,250	-34,604,179	5,269,572	16,355,752	1,912,627	54,681,518	32,988,558	21,692,960
Septiembre	97,595,667	-33,442,230	5,266,105	13,306,949	1,841,196	57,953,790	32,688,029	25,265,761
Octubre	95,814,691	-31,437,802	5,265,186	11,275,217	1,670,435	60,037,293	33,217,098	26,820,195
Noviembre	92,805,008	-29,994,733	5,352,817	9,453,004	2,879,763	61,589,851	33,019,796	28,570,054
Diciembre	89,563,474	-15,862,083	5,214,597	10,097,451	2,748,016	71,566,554	37,180,572	34,385,982
PROMEDIO	98,905,073	-30,861,331	5,306,102	17,530,166	1,605,028	57,424,707	33,665,502	23,759,205
Fuente: Banco Central de Bolivia (BCB).								Continúa…
CAPÍTULO IV         Sector Monetario y Financiero								CUADRO No. 4.1.1
BASE MONETARIA POR ORIGEN Y DESTINO
(En miles de bolivianos) (2016 - 2022)
						BASE MONETARIA
	O   R   I   G   E   N						D  E  S  T  I  N  O
Saldos a	RESERVAS	CRED. NETO	CRÉDITO	CLB y	OTRAS		BILL. Y MON.	RESERVAS
fin de :	INTERNAC.	AL SECTOR	A	SRD (1)	CUENTAS		EN PODER	BANCARIAS
	NETAS	PÚBLICO	BANCOS		NETAS		DEL PÚBLICO
2016
Enero	87,933,608	-20,011,825	5,206,729	8,796,797	2,263,319	66,595,034	35,577,113	31,017,921
Febrero	87,721,448	-20,263,735	5,305,419	10,340,295	752,708	63,175,545	34,418,166	28,757,378
Marzo	85,631,725	-19,957,445	5,304,857	11,405,232	100,671	59,674,576	33,566,098	26,108,478
Abril	83,920,036	-19,968,056	5,312,908	10,944,785	-386,206	57,933,897	33,817,623	24,116,275
Mayo	80,434,842	-18,301,957	5,187,740	9,742,728	460,584	58,038,480	33,416,417	24,622,064
Junio	79,637,660	-16,747,773	5,183,012	9,973,671	-826,645	57,272,584	33,582,812	23,689,772
Julio	79,232,442	-18,024,699	5,172,443	7,682,913	-918,533	57,778,740	33,834,369	23,944,371
Agosto	77,233,519	-16,663,921	5,174,830	6,993,262	-1,036,945	57,714,220	33,461,775	24,252,446
Septiembre	75,726,331	-15,085,995	5,134,384	5,819,608	-1,416,388	58,538,724	33,518,425	25,020,299
Octubre	73,362,810	-13,282,206	5,328,415	6,383,724	-530,513	58,494,782	33,970,005	24,524,777
Noviembre	71,022,361	-11,924,632	5,416,988	7,120,061	518,710	57,913,366	33,844,037	24,069,329
Diciembre	69,155,386	-5,321,267	5,280,740	6,928,786	953,423	63,139,495	37,020,092	26,119,404
PROMEDIO	79,251,014	-16,296,126	5,250,706	8,510,989	-5,485	59,689,120	34,168,911	25,520,210
2017
Enero	67,493,198	-6,411,556	5,062,704	7,773,225	149,518	58,520,639	35,403,391	23,117,249
Febrero	67,261,086	-6,040,074	5,155,735	7,864,037	-555,447	57,957,263	35,129,381	22,827,882
Marzo	70,389,237	-12,531,037	5,178,571	7,336,714	-566,032	55,134,025	34,065,441	21,068,584
Abril	68,772,836	-14,018,335	7,222,901	7,288,548	-661,262	54,027,591	34,439,533	19,588,059
Mayo	70,340,240	-14,471,898	6,935,908	6,079,967	-265,325	56,458,957	34,087,997	22,370,960
Junio	70,697,393	-12,802,392	7,273,097	4,985,446	-1,295,390	58,887,262	34,652,794	24,234,467
Julio	71,054,883	-12,825,425	6,786,425	4,543,691	-1,918,768	58,553,423	34,823,179	23,730,244
Agosto	71,702,034	-12,367,107	6,985,286	4,082,149	-2,773,188	59,464,875	34,665,365	24,799,510
Septiembre	69,488,690	-7,751,137	7,025,302	4,137,816	-2,780,560	61,844,479	35,234,079	26,610,400
Octubre	68,149,600	-5,656,511	7,030,959	3,804,067	-2,380,173	63,339,808	35,780,889	27,558,920
Noviembre	72,934,289	-5,968,686	2,399,484	3,239,667	-2,654,289	63,471,131	36,246,258	27,224,873
Diciembre	70,387,965	3,023,461	2,506,508	3,269,086	-3,083,322	69,565,526	40,370,789	29,194,737
PROMEDIO	69,889,288	-8,985,058	5,796,907	5,367,035	-1,565,353	59,768,748	35,408,258	24,360,490
2018
Enero	70,150,618	736,420	333,586	3,308,324	-3,981,921	63,930,378	38,657,469	25,272,909
Febrero	68,359,503	113,672	329,433	3,142,714	-3,648,480	62,011,414	37,637,561	24,373,853
Marzo	67,259,598	1,842,379	393,547	2,831,454	-3,876,327	62,787,742	37,518,555	25,269,187
Abril	65,871,244	-1,197,340	769,165	2,617,472	-3,804,699	59,020,899	37,332,188	21,688,711
Mayo	66,944,402	914,263	2,914,782	2,097,762	-3,167,042	65,508,643	37,431,086	28,077,557
Junio	65,322,551	3,694,556	2,976,493	2,087,419	-2,575,287	67,330,894	37,905,237	29,425,657
Julio	63,499,675	3,158,335	2,826,891	2,074,612	-2,292,720	65,117,568	37,844,753	27,272,814
Agosto	62,286,150	5,154,163	2,929,316	1,950,561	-2,497,564	65,921,504	37,649,232	28,272,272
Septiembre	59,883,179	6,914,151	3,053,218	1,933,446	-2,392,113	65,524,989	37,808,440	27,716,549
Octubre	58,353,567	8,795,147	2,948,046	2,165,685	-2,314,744	65,616,330	38,111,983	27,504,347
Noviembre	59,953,530	6,106,143	3,042,780	1,979,946	-2,621,202	64,501,305	37,852,618	26,648,687
Diciembre	61,371,620	16,084,795	447,380	2,146,812	-3,153,447	72,603,536	42,038,444	30,565,092
PROMEDIO	64,104,636	4,359,724	1,913,720	2,361,351	-3,027,129	64,989,600	38,148,964	26,840,636
2019
Enero	59,843,641	13,642,538	548,892	2,346,845	-3,774,015	67,914,212	40,441,115	27,473,097
Febrero	58,137,427	14,019,485	649,701	2,261,799	-3,929,398	66,615,416	39,566,130	27,049,286
Marzo	54,513,197	16,522,727	479,169	2,208,257	-3,659,651	65,647,184	39,177,736	26,469,448
Abril	57,688,867	14,288,030	3,228,484	928,204	-3,738,439	70,538,739	38,783,822	31,754,917
Mayo	56,617,922	15,635,836	3,735,173	789,147	-3,800,980	71,398,804	38,554,403	32,844,401
Junio	57,053,848	17,164,347	4,591,477	777,675	-5,264,620	72,767,377	39,028,775	33,738,601
Julio	55,199,661	17,266,163	4,749,704	725,254	-5,263,646	71,226,627	39,108,259	32,118,368
Agosto	55,063,255	18,138,417	5,249,589	676,733	-6,026,473	71,748,055	39,307,529	32,440,526
Septiembre	52,480,551	20,192,132	5,342,801	671,875	-5,794,929	71,548,680	39,325,440	32,223,240
Octubre	46,852,518	22,392,903	7,580,067	615,050	-5,959,112	70,251,326	39,951,445	30,299,881
Noviembre	44,312,469	22,624,097	10,660,781	521,736	-5,432,393	71,643,218	40,367,710	31,275,507
Diciembre	44,367,277	27,321,856	10,384,363	502,488	-6,404,063	75,166,944	41,649,730	33,517,214
PROMEDIO	53,510,886	18,267,378	4,766,683	1,085,422	-4,920,643	70,538,882	39,605,175	30,933,707
2020
Enero	43,722,534	25,248,256	9,739,275	475,274	-7,031,559	71,203,233	39,048,705	32,154,528
Febrero	43,284,482	26,622,874	9,507,105	450,052	-7,890,983	71,073,426	38,090,143	32,983,284
Marzo	41,781,350	32,394,506	9,236,358	423,309	-7,606,222	75,382,682	38,253,601	37,129,082
Abril	44,811,925	34,761,214	8,350,104	255,650	-8,661,962	79,005,630	40,708,704	38,296,926
Mayo	43,833,553	37,598,565	8,485,362	179,990	-8,840,970	80,896,521	43,379,652	37,516,868
Junio	43,028,438	38,565,856	9,547,861	184,226	-9,479,548	81,478,380	44,425,189	37,053,191
Julio	45,332,485	38,289,491	11,181,856	163,154	-11,418,656	83,222,023	44,389,852	38,832,171
Agosto	45,579,089	39,697,016	12,717,661	152,007	-11,917,550	85,924,210	44,648,182	41,276,028
Septiembre	43,600,726	40,776,015	13,812,529	149,410	-11,337,463	86,702,397	43,926,487	42,775,910
Octubre	38,265,478	42,371,455	15,355,141	143,169	-11,019,219	84,829,687	43,608,037	41,221,650
Noviembre	36,389,004	42,609,137	15,863,049	133,171	-10,675,666	84,052,353	42,882,257	41,170,096
Diciembre	36,192,973	52,638,866	16,777,823	135,780	-11,803,691	93,670,191	46,788,985	46,881,206
PROMEDIO	42,151,836	37,631,104	11,714,510	237,099	-9,806,957	81,453,394	42,512,483	38,940,912
2021
Enero	34,051,393	53,526,233	14,805,908	128,524	-11,259,514	90,995,497	45,786,663	45,208,833
Febrero	32,721,317	51,866,819	15,969,929	129,261	-10,994,932	89,433,872	44,336,710	45,097,162
Marzo	31,047,608	52,730,536	17,060,321	142,639	-9,914,199	90,781,626	43,359,491	47,422,134
Abril	31,751,766	51,652,695	17,419,639	144,803	-11,003,133	89,676,164	43,387,304	46,288,860
Mayo	33,523,146	51,202,807	18,103,859	157,901	-12,799,020	89,872,890	43,282,350	46,590,540
Junio	31,722,495	51,687,698	18,869,486	126,746	-10,983,468	91,169,466	43,414,382	47,755,083
Julio	32,554,531	51,909,236	18,478,809	112,925	-11,774,005	91,055,646	43,568,104	47,487,542
Agosto	35,097,411	56,461,359	18,691,185	69,677	-17,566,254	92,614,024	43,287,811	49,326,214
Septiembre	33,138,392	55,985,490	16,829,062	65,091	-12,775,133	93,112,721	43,357,270	49,755,451
Octubre	33,546,552	56,244,275	17,302,987	81,129	-14,085,162	92,927,523	44,315,451	48,612,073
Noviembre	32,669,102	54,255,158	17,468,366	102,634	-11,224,131	93,065,860	45,442,894	47,622,966
Diciembre	32,602,075	63,530,289	18,587,385	232,128	-12,400,633	102,086,989	49,191,359	52,895,630
PROMEDIO	32,868,816	54,254,383	17,465,578	124,455	-12,231,632	92,232,690	44,394,149	47,838,541
2022
Enero	30,755,792	62,878,839	17,084,146	311,496	-13,521,944	96,885,337	47,911,881	48,973,456
Febrero	30,157,783	63,394,844	17,356,446	385,795	-14,135,236	96,388,041	47,341,540	49,046,501
Marzo	31,549,350	61,761,974	18,457,788	472,607	-14,587,555	96,708,951	46,154,097	50,554,854
Abril	31,570,944	59,289,307	19,928,721	494,271	-14,122,616	96,172,085	46,557,662	49,614,423
Mayo	31,401,957	56,433,981	20,420,717	489,740	-13,868,725	93,898,191	46,053,477	47,844,713
Junio	30,907,372	59,033,644	21,144,783	492,553	-13,465,558	97,127,687	45,965,492	51,162,195
Julio	29,505,290	59,616,157	20,558,435	488,529	-12,769,841	96,421,512	46,019,310	50,402,202
Agosto	26,115,845	61,872,115	19,651,804	497,206	-12,368,038	94,774,518	45,422,553	49,351,965
Septiembre	26,370,959	61,040,014	20,650,764	394,911	-11,733,788	95,933,038	45,168,593	50,764,446
Octubre	25,293,917	62,155,070	19,509,760	413,363	-11,675,142	94,870,242	45,453,004	49,417,238
Noviembre	26,124,789	64,342,830	19,445,467	458,233	-13,128,334	96,326,519	46,067,175	50,259,345
Diciembre	26,041,778	72,812,962	20,506,378	506,236	-14,168,202	104,686,680	49,430,856	55,255,823
PROMEDIO	28,816,315	62,052,645	19,559,601	450,412	-13,295,415	96,682,733	46,462,137	50,220,597
Fuente: Banco Central de Bolivia (BCB).
(1): CLB (CD's + Letras del Tesoro + Bonos). SRD Servicio Restringido de Depósitos.
(2): A partir de mayo de 1998, parte del encaje requerido por depósitos en moneda extranjera y con mantenimiento de valor se constituye en títulos en el exterior. Estos no forman parte de las reservas bancarias en el BCB.
(3): Devolución de los activos y pasivos al TGN, de la línea 1925 BO.