Estadisticas Monetarias

1.
1 Base monetaria (*)

(Miles de millones de pesos)
Fin de:
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Base
monetaria
Total
(a)
(b)
14,670.2
14,402.2
15,075.9
14,203.7
14,594.0
15,734.9
14,824.3
14,555.2
15,086.5
15,366.8
15,612.1
19,260.2
17,228.5
16,731.3
17,379.8
17,075.4
17,987.0
18,760.1
17,325.5
18,013.1
17,578.8
18,132.2
20,228.9
22,804.0
20,387.0
20,369.3
20,532.5
21,438.8
22,162.2
21,835.2
21,741.6
24,296.0
23,091.8
23,108.6
24,189.3
27,031.8
26,248.1
25,076.0
26,504.8
24,933.4
25,207.2
26,610.9
24,636.9
25,162.7
26,038.5
27,536.3
28,711.3
32,415.1
29,925.2
29,123.4
28,483.8
29,304.4
27,572.1
29,113.5
28,745.2
28,283.4
31,321.5
32,676.5
33,207.3
37,040.4
33,390.3
33,635.6
32,939.7
31,936.3
30,853.0
32,777.2
33,781.2
32,808.2
32,746.3
33,466.5
34,599.7
39,544.7
37,705.5
36,802.7
36,221.7
34,784.3
35,610.1
38,255.0
36,935.5
37,189.2
36,599.1
38,233.4
39,254.9
44,875.0
42,284.7
10,946.8
10,595.7
10,729.5
10,388.9
10,390.1
11,351.3
10,855.4
10,547.6
10,881.4
10,952.5
11,366.3
13,836.2
12,526.5
12,170.6
12,412.5
12,170.0
12,215.6
13,267.8
12,864.3
13,090.0
12,922.2
13,276.2
14,346.6
16,308.9
14,938.3
14,580.1
14,863.0
15,018.6
15,740.1
16,490.6
16,577.3
16,887.6
16,687.6
16,689.0
17,830.6
20,076.5
18,466.4
18,205.1
17,602.2
17,502.3
17,902.9
18,193.5
17,863.5
17,940.1
17,940.2
19,020.0
19,404.7
22,340.0
20,755.8
19,613.4
19,118.8
19,330.8
18,805.1
19,370.3
19,669.0
19,328.3
19,476.0
20,491.2
20,755.6
24,208.2
22,193.5
21,724.6
21,371.4
21,384.1
20,861.0
21,308.6
21,400.6
20,720.4
21,462.3
21,040.8
21,608.4
25,789.5
23,394.3
22,632.1
23,325.4
22,769.9
22,699.0
24,790.6
23,980.0
23,540.9
24,163.6
24,105.2
24,732.7
29,769.5
27,142.8
Efectivo
Especies
monetarias
fuera del sistema
financiero
1/
10,933.0
10,580.0
10,715.9
10,364.1
10,375.4
11,341.4
10,822.0
10,526.2
10,865.3
10,905.0
11,345.5
13,803.0
12,507.0
12,160.3
12,402.3
12,147.9
12,207.7
13,255.0
12,840.0
13,079.4
12,906.8
13,103.4
14,336.3
16,294.0
14,920.4
14,571.9
14,853.2
14,989.2
15,733.3
16,481.1
16,565.8
16,881.1
16,680.1
16,654.3
17,817.6
20,066.4
18,457.4
18,196.0
17,589.8
17,477.8
17,892.4
18,181.6
17,847.8
17,931.0
17,932.6
19,011.8
19,396.0
22,316.7
20,747.3
19,607.0
19,103.4
19,315.0
18,789.8
19,353.7
19,648.9
19,307.2
19,455.3
20,473.8
20,696.6
24,183.9
22,155.2
21,701.8
21,354.4
21,366.0
20,845.7
21,291.0
21,381.8
20,712.7
21,453.7
21,029.2
21,600.1
25,781.1
23,379.3
22,623.3
23,313.2
22,761.9
22,691.8
24,776.0
23,926.6
23,495.0
24,130.0
24,070.7
24,685.1
29,727.6
27,100.8
Depsitos de
particulares en
Banco de la
Repblica
Total
13.8
15.7
13.6
24.8
14.7
9.9
33.4
21.4
16.1
47.6
20.8
33.2
19.5
10.4
10.2
22.1
7.9
12.8
24.2
10.6
15.4
172.8
10.3
14.9
17.8
8.2
9.8
29.3
6.8
9.5
11.6
6.6
7.5
34.7
13.0
10.1
9.0
9.0
12.4
24.5
10.5
11.8
15.7
9.1
7.6
8.2
8.7
23.2
8.5
6.4
15.3
15.7
15.3
16.6
20.1
21.2
20.8
17.3
59.1
24.4
38.3
22.8
17.0
18.1
15.3
17.6
18.8
7.7
8.6
11.6
8.3
8.3
15.0
8.9
12.1
7.9
7.2
14.6
53.4
45.9
33.6
34.6
47.6
41.9
41.9
3,723.4
3,806.5
4,346.4
3,814.8
4,204.0
4,383.7
3,968.9
4,007.7
4,205.1
4,414.2
4,245.8
5,424.0
4,702.0
4,560.7
4,967.3
4,905.4
5,771.4
5,492.3
4,461.2
4,923.1
4,656.6
4,856.0
5,882.3
6,495.2
5,448.7
5,789.2
5,669.4
6,420.2
6,422.1
5,344.6
5,164.2
7,408.4
6,404.3
6,419.6
6,358.7
6,955.3
7,781.6
6,871.0
8,902.6
7,431.1
7,304.4
8,417.4
6,773.4
7,222.6
8,098.3
8,516.3
9,306.6
10,075.1
9,169.4
9,510.0
9,365.0
9,973.6
8,767.0
9,743.2
9,076.2
8,955.0
11,845.4
12,185.4
12,451.7
12,832.2
11,196.7
11,911.0
11,568.2
10,552.2
9,992.0
11,468.6
12,380.6
12,087.8
11,284.0
12,425.6
12,991.3
13,755.3
14,311.3
14,170.6
12,896.3
12,014.4
12,911.2
13,464.4
12,955.6
13,648.4
12,435.5
14,128.2
14,522.2
15,105.5
15,141.9
(c)
Reserva para encaje

Efectivo
Depsitos del
en caja del
sistema financiero
sistema
en Banco de la
financiero
Repblica
1/
2,346.7
2,258.7
2,152.1
2,254.7
2,387.9
2,194.9
2,521.8
2,540.0
2,174.6
2,366.6
2,615.1
2,885.1
2,773.6
2,673.3
2,641.0
2,523.1
2,700.1
2,608.3
2,918.1
2,542.6
2,724.1
2,890.9
2,878.0
3,345.1
3,221.5
3,181.6
2,960.0
3,184.3
2,951.3
3,432.8
3,550.2
3,261.4
3,397.7
3,590.4
3,525.0
4,396.5
3,567.7
3,270.6
3,876.4
3,714.3
3,733.9
4,136.7
4,227.4
3,920.1
4,111.9
3,927.0
4,497.8
5,144.6
4,523.4
4,576.8
5,191.9
4,321.8
4,890.3
5,069.0
4,864.1
5,014.7
5,122.1
5,134.9
5,828.4
6,235.4
5,841.6
5,761.7
5,727.7
5,607.7
5,751.2
5,843.9
5,815.7
5,819.3
4,979.0
5,596.8
6,306.9
6,523.6
6,257.0
6,127.5
6,090.6
5,901.0
6,164.6
5,914.6
6,292.2
6,402.4
5,736.4
6,157.4
6,773.4
6,979.8
7,323.1
1,376.7
1,547.8
2,194.3
1,560.1
1,816.1
2,188.7
1,447.1
1,467.7
2,030.5
2,047.6
1,630.7
2,538.9
1,928.4
1,887.3
2,326.3
2,382.4
3,071.3
2,884.1
1,543.2
2,380.5
1,932.4
1,965.1
3,004.3
3,150.1
2,227.2
2,607.6
2,709.5
3,235.9
3,470.8
1,911.7
1,614.0
4,147.0
3,006.6
2,829.1
2,833.7
2,558.8
4,213.9
3,600.4
5,026.2
3,716.8
3,570.4
4,280.7
2,546.1
3,302.6
3,986.4
4,589.3
4,808.8
4,930.5
4,646.1
4,933.2
4,173.1
5,651.8
3,876.7
4,674.2
4,212.1
3,940.3
6,723.4
7,050.5
6,623.3
6,596.6
5,355.2
6,149.3
5,840.5
4,944.5
4,240.7
5,624.7
6,564.9
6,268.5
6,305.0
6,828.9
6,684.4
7,231.7
8,054.3
8,043.1
6,805.7
6,113.4
6,746.6
7,549.8
6,663.3
7,246.0
6,699.1
7,970.8
7,748.8
8,125.7
7,818.9
(a) = (b) + (c).

(*) Vase nota metodolgica: "Redefinicin de los principales agregados monetarios", en Revista del Banco de la Repblica, No. 812, junio de 1995.
1/ Debido a la inclusin de nuevas entidades financieras y cuentas de depsito en estas series, se present una recomposicin del efectivo y la reserva para encaje,
las cuales no modificaron la base monetaria.
Fuente: Banco de la Repblica.
1.2 Medios de pago (M1) (*)

Fin de:
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Medios de
pago
Total
Billetes del
Banco de la
Repblica
en circulacin
(a)
(b)
(c)
22,474.8
22,049.8
22,521.0
21,398.2
21,391.5
23,035.3
22,145.9
21,935.1
22,606.5
22,578.5
23,765.8
29,113.7
25,788.4
25,367.1
25,876.4
25,633.5
25,405.3
27,474.9
26,136.6
26,954.4
26,284.3
26,870.1
29,901.3
34,292.6
30,639.1
29,841.5
29,945.6
30,190.5
31,333.8
32,966.2
32,678.6
34,010.9
32,567.1
33,197.0
35,287.4
40,527.5
36,416.4
36,023.7
35,358.3
36,101.1
35,806.6
36,165.2
35,749.6
35,509.3
36,692.7
38,599.2
38,293.7
45,362.3
40,005.7
38,826.6
38,489.4
38,823.0
37,468.8
39,373.6
40,011.5
39,099.1
38,726.3
40,295.5
41,491.0
49,095.5
43,233.6
43,439.5
42,600.8
42,201.7
41,822.6
43,630.5
42,821.3
43,408.6
43,136.0
43,566.4
46,063.5
52,756.8
48,348.3
47,681.7
47,746.0
48,071.9
47,511.1
50,317.0
49,402.2
50,387.1
50,453.7
51,020.3
53,274.1
62,089.6
55,962.3
10,946.8
10,595.7
10,729.5
10,388.9
10,390.1
11,351.3
10,855.4
10,547.6
10,881.4
10,952.5
11,366.3
13,836.2
12,526.5
12,170.6
12,412.5
12,170.0
12,215.6
13,267.8
12,864.3
13,090.0
12,922.2
13,276.2
14,346.6
16,308.9
14,938.3
14,580.1
14,863.0
15,018.6
15,740.1
16,490.6
16,577.3
16,887.6
16,687.6
16,689.0
17,830.6
20,076.5
18,466.4
18,205.1
17,602.2
17,502.3
17,902.9
18,193.5
17,863.5
17,940.1
17,940.2
19,020.0
19,404.7
22,340.0
20,755.8
19,613.4
19,118.8
19,330.8
18,805.1
19,370.3
19,669.0
19,328.3
19,476.0
20,491.2
20,755.6
24,208.2
22,193.5
21,724.6
21,371.4
21,384.1
20,861.0
21,308.6
21,400.6
20,720.4
21,462.3
21,040.8
21,608.4
25,789.5
23,394.3
22,632.1
23,325.4
22,769.9
22,699.0
24,790.6
23,980.0
23,540.9
24,163.6
24,105.2
24,732.7
29,769.5
27,142.8
12,910.9
12,471.5
12,497.2
12,245.6
12,386.3
13,155.2
12,959.5
12,678.9
12,647.0
12,874.4
13,559.2
16,278.6
14,875.4
14,429.2
14,633.7
14,259.6
14,493.4
15,444.1
15,333.4
15,189.4
15,192.4
15,548.6
16,760.6
19,177.8
17,681.9
17,294.0
17,349.7
17,703.6
18,206.8
19,429.5
19,623.1
19,640.0
19,566.2
19,725.2
20,813.1
23,925.0
21,490.1
20,928.4
20,923.2
20,643.4
21,071.7
21,756.1
21,505.0
21,270.1
21,453.9
22,336.9
23,282.7
26,841.6
24,654.9
23,569.9
23,674.0
23,015.0
23,053.8
23,790.7
23,875.1
23,677.9
23,927.6
24,951.4
25,862.5
29,753.0
27,334.8
26,800.5
26,419.0
26,306.2
25,928.3
26,462.7
26,515.9
25,845.2
25,738.2
25,924.0
27,197.9
31,588.1
28,921.3
28,035.0
28,679.5
27,933.6
28,123.3
29,950.4
29,471.4
29,142.1
29,099.8
29,453.0
30,675.4
35,914.7
33,634.6
Efectivo
Monedas
Caja del
de cobre
Sistema
y nquel
financiero
1/
emitidas
(d)
506.4
506.5
509.9
516.2
512.7
515.9
516.8
528.6
531.8
533.7
539.7
550.9
550.9
550.9
551.4
556.9
544.1
542.3
547.2
527.2
533.6
539.9
553.6
561.0
561.0
561.8
565.6
569.0
546.4
549.7
557.4
566.4
575.6
580.0
587.0
594.7
594.9
592.3
584.9
593.1
602.7
610.9
617.8
624.9
627.1
634.4
642.3
655.1
656.5
665.0
669.9
680.4
697.8
706.6
709.9
713.6
721.8
741.2
749.2
755.8
755.8
756.7
762.2
768.6
773.6
776.2
778.5
780.2
782.9
786.1
788.4
788.5
788.9
790.1
791.5
793.1
795.9
801.2
806.3
808.9
812.5
817.4
831.1
834.8
837.7
(e)
2,346.7
2,258.7
2,152.1
2,254.7
2,387.9
2,194.9
2,521.8
2,540.0
2,174.6
2,366.6
2,615.1
2,885.1
2,773.6
2,673.3
2,641.0
2,523.1
2,700.1
2,608.3
2,918.1
2,542.6
2,724.1
2,890.9
2,878.0
3,345.1
3,221.5
3,181.6
2,960.0
3,184.3
2,951.3
3,432.8
3,550.2
3,261.4
3,397.7
3,590.4
3,525.0
4,396.5
3,567.7
3,270.6
3,876.4
3,714.3
3,733.9
4,136.7
4,227.4
3,920.1
4,111.9
3,927.0
4,497.8
5,144.6
4,523.4
4,576.8
5,191.9
4,321.8
4,890.3
5,069.0
4,864.1
5,014.7
5,122.1
5,134.9
5,828.4
6,235.4
5,841.6
5,761.7
5,727.7
5,607.7
5,751.2
5,843.9
5,815.7
5,819.3
4,979.0
5,596.8
6,306.9
6,523.6
6,257.0
6,127.5
6,090.6
5,901.0
6,164.6
5,914.6
6,292.2
6,402.4
5,736.4
6,157.4
6,773.4
6,979.8
7,323.1
Moneda en Depsitos de
caja
particulares
Banco de la
en Banco
Repblica
de la
Repblica
(f)
(g)
137.6
139.3
139.1
143.1
135.7
134.8
132.5
141.3
138.9
136.5
138.2
141.4
145.7
146.6
141.8
145.6
129.7
123.1
122.5
94.5
95.0
94.2
99.9
99.8
101.0
102.2
102.1
99.0
68.7
65.3
64.5
63.9
64.1
60.5
57.6
56.8
59.8
54.0
41.9
44.4
48.0
48.8
47.8
43.9
36.4
32.5
31.2
35.3
40.6
51.1
48.6
58.5
71.5
74.6
72.0
69.6
72.0
83.9
86.9
89.3
93.8
93.6
99.0
101.2
105.0
104.0
96.8
93.5
88.3
84.2
79.4
71.9
73.9
74.3
67.2
63.8
62.8
60.9
58.9
53.6
45.9
42.3
47.9
42.1
48.4
13.8
15.7
13.6
24.8
14.7
9.9
33.4
21.4
16.1
47.6
20.8
33.2
19.5
10.4
10.2
22.1
7.9
12.8
24.2
10.6
15.4
172.8
10.3
14.9
17.8
8.2
9.8
29.3
6.8
9.5
11.6
6.6
7.5
34.7
13.0
10.1
9.0
9.0
12.4
24.5
10.5
11.8
15.7
9.1
7.6
8.2
8.7
23.2
8.5
6.4
15.3
15.7
15.3
16.6
20.1
21.2
20.8
17.3
59.1
24.4
38.3
22.8
17.0
18.1
15.3
17.6
18.8
7.7
8.6
11.6
8.3
8.3
15.0
8.9
12.1
7.9
7.2
14.6
53.4
45.9
33.6
34.6
47.6
41.9
41.9
Depsitos
en cuenta
corriente
del
sistema
bancario
(h)
11,528.1
11,454.2
11,791.5
11,009.3
11,001.5
11,684.0
11,290.5
11,387.5
11,725.1
11,626.0
12,399.5
15,277.6
13,261.8
13,196.5
13,463.9
13,463.5
13,189.7
14,207.1
13,272.3
13,864.4
13,362.1
13,593.9
15,554.7
17,983.8
15,700.8
15,261.4
15,082.6
15,171.9
15,593.7
16,475.5
16,101.3
17,123.2
15,879.6
16,508.0
17,456.8
20,451.0
17,950.0
17,818.6
17,756.1
18,598.8
17,903.7
17,971.7
17,886.1
17,569.2
18,752.5
19,579.3
18,888.9
23,022.3
19,249.9
19,213.1
19,370.7
19,492.3
18,663.7
20,003.3
20,342.5
19,770.8
19,250.3
19,804.4
20,735.4
24,887.3
21,040.1
21,714.9
21,229.4
20,817.6
20,961.6
22,321.9
21,420.8
22,688.2
21,673.7
22,525.5
24,455.1
26,967.4
24,954.0
25,049.6
24,420.6
25,302.0
24,812.1
25,526.4
25,422.2
26,846.2
26,290.1
26,915.1
28,541.5
32,320.1
28,819.5
(a) = (b) + (h); (b) = (c) + (d) - (e) - (f) + (g).

(*) A partir de junio 29 de 2001 la serie histrica se reproc para excluir del M1 los depsitos en cuenta corriente de las entidades en liquidacin.
1/ Debido a la inclusin de nuevas entidades financieras y cuentas de depsito, se realiz un reproceso de esta serie, lo cual modific el M1.
1.3 Origen de la base monetaria 1/

Fin de:
Base
monetaria
Reservas
internacionales
de caja
(netas)
Total
Tesorera
Activos del Banco de la Repblica 2/

Crdito interno neto
Resto
Bancos
Otros
sector pblico comerciales intermediarios
Total
4/
financieros
3/
(a)
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
14,670.2
14,402.2
15,075.9
14,203.7
14,594.0
15,734.9
14,824.3
14,555.2
15,086.5
15,366.8
15,612.1
19,260.2
17,228.5
16,731.3
17,379.8
17,075.4
17,987.0
18,760.1
17,325.5
18,013.1
17,578.8
18,132.2
20,228.9
22,804.0
20,387.0
20,369.3
20,532.5
21,438.8
22,162.2
21,835.2
21,741.6
24,296.0
23,091.8
23,108.6
24,189.3
27,031.8
26,248.1
25,076.0
26,504.8
24,933.4
25,207.2
26,610.9
24,636.9
25,162.7
26,038.5
27,536.3
28,711.3
32,415.1
29,925.2
29,123.4
28,483.8
29,304.4
27,572.1
29,113.5
28,745.2
28,283.4
31,321.5
32,676.5
33,207.3
37,040.4
33,390.3
33,635.6
32,939.7
31,936.3
30,853.0
32,777.2
33,781.2
32,808.2
32,746.3
33,466.5
34,599.7
39,544.7
37,705.5
36,802.7
36,221.7
34,784.3
35,610.1
38,255.0
36,935.5
37,189.2
36,599.1
38,233.4
39,254.9
44,875.0
42,284.7
(b)
30,897.2
30,328.2
30,381.6
30,348.5
31,187.1
31,614.9
30,731.5
30,899.1
31,632.3
31,634.1
32,358.0
32,347.0
32,618.9
31,471.7
33,303.6
31,172.4
31,217.3
31,869.6
31,996.7
34,835.2
34,172.6
32,616.2
33,527.7
34,143.8
33,678.1
33,692.3
34,752.0
35,878.0
36,283.5
37,296.6
35,885.6
35,950.6
35,946.4
35,032.3
35,544.0
34,556.8
37,036.6
38,397.9
41,600.7
41,611.3
38,202.0
39,197.0
40,064.2
43,452.3
41,565.6
41,546.5
42,659.1
41,892.7
40,833.5
39,658.8
39,868.2
38,635.1
38,380.6
41,213.3
41,442.9
44,959.3
50,218.5
55,993.4
54,712.2
52,879.7
57,164.5
59,656.1
56,986.2
53,583.1
50,485.5
51,962.5
49,173.1
51,059.6
48,193.1
50,213.2
50,046.7
51,830.3
50,069.2
48,702.5
49,008.6
50,527.4
51,031.1
50,315.1
49,135.6
48,288.9
49,186.3
49,138.8
52,671.9
54,453.9
53,651.0
Sector privado
Crdito
bruto
Pasivos
6/
Obligac. Patrimonio
Otros activos externas de
8/
netos sin
largo plazo
clasificar
7/
5/
(c)
(d)
(e)
(f)
4,947.4
3,855.8
4,363.5
3,089.0
3,670.3
3,711.6
2,794.0
1,975.7
2,399.4
2,323.0
1,143.1
3,488.2
822.6
126.8
(446.5)
1,442.1
2,047.7
2,085.3
338.0
(1,578.0)
(1,647.0)
364.6
1,326.2
3,582.1
1,683.1
586.6
386.0
1,602.8
3,716.7
3,565.5
3,187.0
5,306.6
4,071.6
4,114.9
4,641.1
7,536.0
4,408.7
964.6
(1,654.4)
(4,601.1)
(5,224.0)
(3,573.8)
(5,723.6)
(4,827.5)
(4,418.7)
(2,852.6)
(1,767.2)
1,808.9
(999.7)
(3,729.6)
(5,124.5)
(4,398.8)
(6,442.5)
(5,794.6)
(7,123.9)
(8,329.3)
(6,282.7)
(4,198.5)
(3,637.5)
180.3
(3,039.6)
(3,155.7)
(3,524.1)
(4,610.8)
(5,582.2)
(4,130.0)
(3,753.6)
(4,638.5)
(4,626.4)
(3,922.8)
(2,831.1)
1,566.4
(303.0)
(1,244.7)
(2,413.3)
(4,685.7)
(4,527.8)
(2,846.2)
(4,206.1)
(3,868.8)
(5,132.9)
(4,309.4)
(3,810.7)
781.3
(2,569.6)
2,700.7
976.0
1,133.2
(405.9)
1,218.7
1,414.7
83.5
(510.5)
(1,378.6)
(2,471.2)
(2,672.7)
(194.1)
(2,130.3)
(1,843.1)
(2,572.4)
(2,019.3)
(1,327.1)
(2,739.1)
(3,403.1)
(5,957.0)
(4,711.8)
(2,716.4)
(779.9)
(1,607.4)
(2,002.0)
(3,848.8)
(6,655.1)
(2,048.5)
(2,820.6)
(4,463.7)
(1,687.4)
(2,888.0)
(3,863.5)
(3,678.8)
(1,876.3)
(290.2)
(4,013.1)
(6,443.4)
(3,385.8)
(2,965.7)
(5,377.3)
(9,934.8)
(7,375.9)
(10,310.7)
(7,605.1)
(6,439.6)
(2,353.4)
(3,554.8)
(5,477.8)
(9,047.4)
(9,815.1)
(7,957.3)
(10,267.9)
(11,035.8)
(11,398.4)
(8,525.4)
(7,020.5)
(7,148.8)
(4,418.7)
(1,888.9)
(3,248.5)
(4,411.4)
(5,440.4)
(10,944.2)
(10,162.8)
(10,607.4)
(6,107.0)
(6,442.9)
(8,700.5)
(7,323.6)
(3,147.7)
619.8
(164.7)
557.8
(3,208.1)
(6,826.6)
(7,555.9)
(7,236.8)
(8,452.0)
(10,362.3)
(10,512.2)
(11,110.2)
(6,724.9)
(2,096.3)
(5,533.1)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(2.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(252.2)
(257.9)
(321.9)
(419.7)
(443.3)
(451.2)
(0.0)
(198.1)
(130.8)
(37.7)
(14.2)
(1.8)
(5.3)
(6.7)
(7.7)
(16.6)
(13.6)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(1.2)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
708.6
1,494.8
1,651.7
1,838.8
913.9
865.7
1,176.2
1,077.9
2,181.2
2,980.1
2,145.6
1,979.6
1,378.5
648.2
828.1
1,977.2
1,837.1
3,262.6
2,325.3
2,841.7
1,508.7
1,494.8
634.8
3,470.8
2,297.6
2,803.4
5,338.3
2,295.1
4,573.3
5,963.1
3,454.2
6,419.9
6,306.9
6,234.7
4,904.6
5,924.9
6,674.7
5,940.6
513.0
(1,867.4)
64.4
5,770.2
1,182.7
4,931.1
2,901.8
3,153.0
603.8
4,737.0
4,153.4
4,154.3
3,656.8
2,341.5
2,377.5
4,215.1
2,958.7
(430.3)
850.4
1,447.4
(619.6)
468.9
(830.2)
(187.8)
366.5
4,565.5
2,886.7
4,484.3
629.6
583.2
2,681.5
1,854.1
(1,180.2)
(577.7)
(1,864.4)
(3,088.8)
(681.0)
788.2
1,652.0
2,538.6
2,551.3
5,042.1
3,514.0
5,038.6
1,604.0
1,775.2
1,695.3
(g)
1,355.7
1,206.5
1,405.0
1,480.9
1,363.6
1,262.0
1,366.1
1,240.1
1,432.4
1,695.0
1,552.5
1,587.8
1,448.8
1,196.7
1,174.3
1,363.1
1,415.3
1,444.0
1,297.4
1,430.4
1,443.2
1,471.4
1,358.9
1,610.5
1,271.9
1,517.3
1,590.1
1,245.4
1,853.1
1,955.6
1,306.8
1,664.7
1,516.2
1,448.8
1,509.7
1,802.2
1,640.4
1,359.6
1,111.4
122.3
58.0
588.3
778.5
1,024.7
886.6
1,176.3
773.7
1,540.2
1,459.5
1,609.8
1,337.7
1,407.3
1,600.3
1,233.7
1,471.8
823.7
176.5
1,466.8
1,341.6
1,498.9
933.7
1,330.0
1,430.5
1,660.2
1,523.7
1,819.3
1,505.9
1,058.2
1,244.4
1,400.3
1,350.5
1,393.1
1,565.9
1,133.3
1,328.3
1,218.8
1,223.3
1,705.6
1,554.7
1,308.7
1,728.7
1,629.0
1,176.8
977.5
1,108.6
(h)
182.4
178.6
173.6
175.2
174.2
169.3
168.2
168.2
164.4
119.1
117.7
114.8
125.7
125.0
123.5
121.1
122.4
117.9
118.4
108.9
112.9
114.8
112.5
108.3
115.6
114.7
112.8
110.9
110.8
110.5
113.4
110.0
112.0
110.2
103.2
99.2
106.7
107.9
107.1
109.7
30.8
2.5
(56.7)
(214.7)
(280.3)
(322.6)
(348.0)
(462.3)
(1,134.7)
(248.2)
(173.1)
(152.6)
(138.2)
(205.8)
(150.6)
(190.6)
(281.3)
52.6
72.8
101.4
105.4
113.5
119.4
107.8
170.2
173.8
218.0
163.0
148.3
146.4
146.3
131.2
160.3
153.1
148.8
133.9
152.9
146.3
139.9
142.7
136.6
133.3
133.4
124.9
159.6
186.4
182.6
179.7
179.5
176.5
174.0
173.5
170.1
168.3
123.8
120.7
123.7
127.8
127.5
126.6
124.9
126.4
124.5
124.3
114.5
118.5
118.1
116.5
118.3
117.8
117.3
117.5
116.6
114.1
116.3
116.8
115.1
117.9
113.8
113.2
112.7
114.4
114.5
114.8
113.0
111.1
117.7
118.8
120.3
121.1
120.0
121.7
126.3
121.4
127.0
125.1
125.7
123.9
123.0
125.7
126.1
127.4
129.6
129.5
128.5
127.6
126.6
125.9
125.4
182.0
182.2
228.4
171.2
157.1
155.9
156.9
151.3
168.1
161.4
155.4
146.5
157.4
152.2
150.1
148.3
143.3
140.9
137.3
137.3
163.1
4.0
4.0
6.1
4.3
2.3
4.7
5.3
1.8
4.0
4.7
3.1
8.9
2.2
2.5
3.1
3.8
3.9
6.6
5.9
5.6
5.6
3.3
4.0
10.0
2.1
2.7
4.7
5.7
3.3
5.8
3.4
5.1
5.9
3.5
10.0
13.5
7.7
6.6
7.7
3.3
80.3
115.2
175.5
335.0
401.4
442.6
469.7
588.5
1,256.2
375.2
298.2
278.3
262.1
328.8
276.3
316.8
408.7
77.0
56.6
27.1
22.2
13.2
6.5
17.6
11.9
8.5
10.5
8.3
8.8
9.5
10.6
20.1
7.8
8.3
6.6
12.5
4.5
5.9
10.2
5.6
6.7
7.6
3.9
12.4
3.6
(i)
(j)
1,166.0
1,131.5
1,111.1
1,127.6
1,153.3
1,176.4
1,167.4
1,157.1
1,143.2
1,184.8
1,236.6
1,230.4
1,214.4
1,168.5
1,151.9
1,163.9
1,152.7
1,171.0
1,190.8
1,153.6
1,192.5
1,249.5
1,224.7
1,250.3
1,226.4
1,205.3
1,217.3
1,233.6
1,251.1
2,448.2
1,332.3
1,236.6
1,275.3
1,265.0
1,264.7
1,329.7
1,297.1
1,276.9
1,272.6
1,364.9
1,175.0
1,285.4
1,273.4
1,345.9
1,311.8
1,258.6
1,300.7
1,352.8
2,018.0
1,956.2
1,932.7
1,914.7
1,963.9
2,106.2
2,074.3
2,179.5
2,292.9
1,648.2
1,607.4
1,606.8
1,815.2
1,873.9
1,832.9
1,746.2
1,709.5
1,744.5
1,693.3
(135.1)
(233.7)
(289.4)
(273.0)
(310.7)
(260.8)
(190.6)
(266.0)
(238.4)
(5.5)
78.1
87.3
(21.7)
(80.0)
1,734.2
(110.2)
(48.3)
(44.7)
189.7
187.3
185.6
182.2
163.6
161.2
159.2
154.4
159.1
7.1
6.9
6.6
6.5
6.4
6.5
6.5
6.4
6.4
6.4
6.3
6.3
6.3
6.3
6.3
6.3
6.2
6.3
6.5
6.9
1.6
1.5
1.5
1.5
1.5
1.4
1.4
1.4
1.4
1.4
109.6
1.2
1.2
1.2
1.4
1.3
1.3
1.3
1.3
1.2
1.2
1.1
1.1
1.1
1.1
1.1
1.2
1.3
1.5
1.5
1.4
1.5
1.6
1.5
1.4
1.3
1.4
1.3
1.3
1.2
1.3
1.2
1.3
1.2
1.2
1.2
1.2
1.2
1.2
1.2
1.1
1.1
1.1
1.2
1.2
1.2
(k)
22,150.7
20,726.0
20,594.7
20,179.3
21,253.1
20,607.0
19,709.3
19,322.3
19,929.3
19,768.1
19,118.6
17,798.8
17,420.8
16,029.4
16,622.7
16,696.5
16,424.3
16,359.4
16,193.6
16,391.3
16,133.0
16,091.7
15,843.5
16,165.9
16,194.3
15,108.7
15,816.6
17,269.1
19,082.2
20,379.0
18,661.8
18,196.3
18,200.0
17,302.1
17,259.1
16,389.3
16,493.0
15,562.0
14,712.8
13,332.1
8,944.5
10,296.4
10,975.8
14,806.6
12,418.9
12,415.0
13,480.1
12,638.1
11,925.4
8,760.8
8,191.6
6,845.6
6,328.8
8,410.2
7,647.0
10,525.0
14,905.8
20,765.1
19,473.3
17,624.9
22,548.4
24,737.0
22,353.8
18,780.7
15,758.4
16,798.4
13,330.3
13,476.5
10,585.5
12,533.3
12,341.6
13,540.0
11,798.6
10,463.2
10,106.4
10,817.8
10,886.5
9,290.8
8,080.1
7,207.9
7,373.1
8,329.0
9,494.9
10,310.7
8,750.8
(a) = (b) + (c) + (i) - (j) - (k); (c) = (d) + (e) + (f) + (g) + (h).
1/ Vase nota metodolgica: "Redefinicin de los principales agregados monetarios", en Revista del Banco de la Repblica, No. 812, junio de 1995.
2/ El concepto de neto involucra los pasivos no monetarios de cada sector.
3/ A partir de septiembre de 2004, se reemplaza la serie histrica de las reservas internacionales netas de caja por la de reservas internacionales netas. La diferencia entre unas y otras se incluy en los otros activos netos sin clasificar. A partir de enero 4 de
1999, se modific el clculo de las reservas internacionales de acuerdo con el nuevo Manual de balanza de pagos del FMI. Se restringi la definicin de los pasivos de corto plazo a las obligaciones de menos de un ao con no residentes, por lo cual se excluy de
dichos pasivos las obligaciones del Banco de la Repblica con la Direccin del Tesoro Nacional y con otras entidades. As mismo, se excluyeron de los pasivos a corto plazo, los pasivos con organismos internacionales como el Banco Interamericano de
Desarrollo y el Banco de Desarrollo del Caribe por ser pasivos de largo plazo. Las cuentas por pagar de inversiones se reclasificaron dentro del activo pero con signo contrario, y se descontaron del rubro valuacin neta y provisin US$55,7 millones
correspondientes al saldo de los convenios reestructurados con Cuba y Honduras. Para efectos de comparacin, las cifras correspondientes a aos anteriores tambin fueron modificadas.
4/ Incluye los depsitos remunerados no constitutivos de encaje, que el Banco de la Repblica activ como mecanismo de contraccin monetaria a partir del 2 de abril de 2007.
5/ Corporaciones financieras, CAV, Compaas de Financiamiento, organismos cooperativos de orden superior, cooperativas financieras, sociedades fiduciarias, BCH, IFI, Bancoldex, Fogafin, Finagro, Findeter, comisionistas de bolsa, compaas de seguros,
fondos de pensiones y cesantas y otros auxiliares financieros que posean cuentas de depsito en el Banco de la Repblica.
6/ Ttulos canjeables Resolucin 66 de 1986 Junta. Monetaria, ttulos divisas por financiacin Resolucin 21 de 1993 y otros.
7/ Incluye, entre otros, el saldo de la Cuenta Especial de Cambios hasta enero 3 de 1993, fecha de su liquidacin y aportes a organismos internacionales en M/N.
8/ Comprende principalmente capital, reserva legal, reserva estatutaria, supervit por liquidacin de la CEC, supervit por valorizacin de los activos y ajuste de cambio de activos y pasivos en M/E.
1.4 Multiplicador monetario (*)

Fin de:
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
e=
Efectivo (E)
Depsitos en
Cta. Cte. (D)
0.950
0.925
0.910
0.944
0.944
0.972
0.961
0.926
0.928
0.942
0.917
0.906
0.945
0.922
0.922
0.904
0.926
0.934
0.969
0.944
0.967
0.977
0.922
0.907
0.951
0.955
0.985
0.990
1.009
1.001
1.030
0.986
1.051
1.011
1.021
0.982
1.029
1.022
0.991
0.941
1.000
1.012
0.999
1.021
0.957
0.971
1.027
0.970
1.078
1.021
0.987
0.992
1.008
0.968
0.967
0.978
1.012
1.035
1.001
0.973
1.055
1.000
1.007
1.027
0.995
0.955
0.999
0.913
0.990
0.934
0.884
0.956
0.937
0.903
0.955
0.900
0.915
0.971
0.943
0.877
0.919
0.896
0.867
0.921
0.942
r=
Reservas (R)
Depsitos en
Cta. Cte. (D)
0.323
0.332
0.369
0.347
0.382
0.375
0.352
0.352
0.359
0.380
0.342
0.355
0.355
0.346
0.369
0.364
0.438
0.387
0.336
0.355
0.348
0.357
0.378
0.361
0.347
0.379
0.376
0.423
0.412
0.324
0.321
0.433
0.403
0.389
0.364
0.340
0.434
0.386
0.501
0.400
0.408
0.468
0.379
0.411
0.432
0.435
0.493
0.438
0.476
0.495
0.483
0.512
0.470
0.487
0.446
0.453
0.615
0.615
0.601
0.516
0.532
0.549
0.545
0.507
0.477
0.514
0.578
0.533
0.521
0.552
0.531
0.510
0.574
0.566
0.528
0.475
0.520
0.527
0.510
0.508
0.473
0.525
0.509
0.467
0.525
m=
Multiplicador
e+1
e+r
1.532
1.531
1.494
1.507
1.466
1.464
1.494
1.507
1.498
1.469
1.522
1.512
1.497
1.516
1.489
1.501
1.412
1.465
1.509
1.496
1.495
1.482
1.478
1.504
1.503
1.465
1.458
1.408
1.414
1.510
1.503
1.400
1.410
1.437
1.459
1.499
1.387
1.437
1.334
1.448
1.420
1.359
1.451
1.411
1.409
1.402
1.334
1.399
1.337
1.333
1.351
1.325
1.359
1.352
1.392
1.382
1.236
1.233
1.249
1.325
1.295
1.291
1.293
1.321
1.356
1.331
1.268
1.323
1.317
1.302
1.331
1.334
1.282
1.296
1.318
1.382
1.334
1.315
1.338
1.355
1.379
1.334
1.357
1.384
1.323
(*) Vase nota metodolgica: "Redefinicin de los principales agregados monetarios", Revista del Banco de la Repblica, junio de
1995.
1.5 Oferta monetaria ampliada

Fin de:
Efectivo
1/
(a)
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
10,946.8
10,595.7
10,729.5
10,388.9
10,390.1
11,351.3
10,855.4
10,547.6
10,881.4
10,952.5
11,366.3
13,836.2
12,526.5
12,170.6
12,412.5
12,170.0
12,215.6
13,267.8
12,864.3
13,090.0
12,922.2
13,276.2
14,346.6
16,308.9
14,938.3
14,580.1
14,863.0
15,018.6
15,740.1
16,490.6
16,577.3
16,887.6
16,687.6
16,689.0
17,830.6
20,076.5
18,466.4
18,205.1
17,602.2
17,502.3
17,902.9
18,193.5
17,863.5
17,940.1
17,940.2
19,020.0
19,404.7
22,340.0
20,755.8
19,613.4
19,118.8
19,330.8
18,805.1
19,370.3
19,669.0
19,328.3
19,476.0
20,491.2
20,755.6
24,208.2
22,193.5
21,724.6
21,371.4
21,384.1
20,861.0
21,308.6
21,400.6
20,720.4
21,462.3
21,040.8
21,608.4
25,789.5
23,394.3
22,632.1
23,325.4
22,769.9
22,699.0
24,790.6
23,980.0
23,540.9
24,163.6
24,105.2
24,732.7
29,769.5
27,142.8
Total
(b)
Pasivos sujetos a encaje 2/

Depsitos CuasiOtros
en cuenta dineros
1/ 3/
corriente
1/
(c)
(d)
71,637.0
72,357.5
73,330.1
73,563.1
73,300.7
75,910.5
75,854.0
76,731.6
78,047.2
78,850.6
80,794.1
83,798.8
84,700.6
84,766.8
86,508.0
87,340.2
88,806.8
88,833.8
89,054.5
89,206.1
91,856.1
93,666.4
97,446.0
96,993.4
97,553.4
97,966.8
96,659.8
101,307.7
101,225.2
102,776.8
105,263.5
105,980.3
105,545.0
108,168.7
112,621.1
112,492.1
111,911.4
114,672.7
121,140.2
122,432.3
124,214.4
121,353.3
125,317.7
123,021.2
128,595.3
130,850.0
135,811.3
134,263.6
136,004.7
136,147.8
137,598.3
141,268.1
140,624.3
141,180.5
142,803.9
145,865.5
149,528.3
151,346.4
156,840.4
160,243.4
161,725.8
163,726.4
163,754.7
162,593.6
164,974.2
166,304.1
167,658.2
167,647.8
165,891.2
169,209.2
173,713.9
171,692.9
174,972.1
175,785.7
174,369.0
175,276.1
176,005.9
177,603.9
178,672.0
179,617.5
180,146.6
183,379.0
188,809.6
190,293.4
190,889.6
11,528.1
11,454.2
11,791.5
11,009.3
11,001.5
11,684.0
11,290.5
11,387.5
11,725.1
11,626.0
12,399.5
15,277.6
13,261.8
13,196.5
13,463.9
13,463.5
13,189.7
14,207.1
13,272.3
13,864.4
13,362.1
13,593.9
15,554.7
17,983.8
15,700.8
15,261.4
15,082.6
15,171.9
15,593.7
16,475.5
16,101.3
17,123.2
15,879.6
16,508.0
17,456.8
20,451.0
17,950.0
17,818.6
17,756.1
18,598.8
17,903.7
17,971.7
17,886.1
17,569.2
18,752.5
19,579.3
18,888.9
23,022.3
19,249.9
19,213.1
19,370.7
19,492.3
18,663.7
20,003.3
20,342.5
19,770.8
19,250.3
19,804.4
20,735.4
24,887.3
21,040.1
21,714.9
21,229.4
20,817.6
20,961.6
22,321.9
21,420.8
22,688.2
21,673.7
22,525.5
24,455.1
26,967.4
24,954.0
25,049.6
24,420.6
25,302.0
24,812.1
25,526.4
25,422.2
26,846.2
26,290.1
26,915.1
28,541.5
32,320.1
28,819.5
50,832.4
51,512.7
52,084.0
52,496.1
53,296.4
55,453.9
55,590.6
56,820.6
56,617.6
56,633.8
58,887.2
59,228.7
61,075.0
61,157.4
63,557.3
64,172.2
64,783.4
65,961.1
66,637.6
67,483.1
69,475.0
70,619.6
71,979.5
69,795.6
72,003.3
72,822.0
72,534.8
73,990.9
76,204.2
77,046.9
79,629.3
79,757.1
79,793.1
81,402.2
84,404.2
81,656.0
83,311.3
86,435.7
91,301.4
92,294.5
91,973.3
92,159.3
95,484.8
94,833.0
96,536.2
100,245.2
102,861.2
98,696.6
100,997.5
104,901.4
104,979.2
107,023.1
106,401.6
106,881.7
108,803.5
111,496.5
113,160.9
116,687.0
118,847.8
119,668.6
122,876.8
125,940.2
125,637.1
122,600.3
125,387.9
126,046.1
128,396.9
125,727.7
125,982.1
128,235.0
128,638.5
125,059.6
128,254.6
130,352.9
129,320.7
128,582.3
128,693.6
130,934.0
131,268.3
131,352.0
132,767.6
133,909.9
135,106.3
133,787.5
135,845.3
9,276.5
9,390.6
9,454.6
10,057.7
9,002.9
8,772.6
8,972.9
8,523.5
9,704.6
10,590.8
9,507.4
9,292.6
10,363.7
10,412.9
9,486.8
9,704.5
10,833.6
8,665.7
9,144.6
7,858.6
9,019.0
9,452.9
9,911.8
9,214.1
9,849.3
9,883.4
9,042.4
12,144.9
9,427.3
9,254.4
9,532.9
9,100.0
9,872.4
10,258.5
10,760.1
10,385.1
10,650.1
10,418.3
12,082.7
11,539.0
14,337.4
11,222.2
11,946.8
10,619.0
13,306.6
11,025.5
14,061.2
12,544.7
15,757.3
12,033.2
13,248.4
14,752.7
15,559.0
14,295.5
13,657.9
14,598.3
17,117.2
14,855.0
17,257.1
15,687.5
17,809.0
16,071.4
16,888.2
19,175.8
18,624.7
17,936.1
17,840.6
19,231.9
18,235.4
18,448.6
20,620.3
19,665.9
21,763.5
20,383.3
20,627.7
21,391.8
22,500.3
21,143.5
21,981.5
21,419.2
21,088.8
22,554.0
25,161.8
24,185.8
26,224.8
Depsitos
restringidos
M1
5/
M2
M3
5/
5/ 6/
(f)
(g)
(h)
73,307.2
73,562.5
74,605.0
73,894.2
74,687.9
78,489.1
77,736.6
78,755.6
79,224.1
79,212.3
82,653.0
88,342.4
86,863.4
86,524.6
89,433.7
89,805.7
90,188.8
93,436.0
92,774.1
94,437.6
95,759.3
97,489.8
101,880.8
104,088.2
102,642.4
102,663.5
102,480.4
104,181.4
107,538.0
110,013.0
112,307.9
113,768.0
112,360.2
114,599.2
119,691.6
122,183.5
119,727.7
122,459.4
126,659.7
128,395.6
127,779.9
128,324.5
131,234.3
130,342.3
133,228.9
138,844.5
141,154.9
144,058.9
141,003.2
143,728.0
143,468.6
145,846.2
143,870.4
146,255.3
148,815.0
150,595.5
151,887.2
156,982.6
160,338.9
168,764.2
166,110.4
169,379.6
168,237.9
164,801.9
167,210.6
169,676.6
171,218.2
169,136.3
169,118.1
171,801.4
174,701.9
177,816.5
176,602.9
178,034.6
177,066.7
176,654.1
176,204.6
181,251.0
180,670.5
181,739.1
183,221.4
184,930.2
188,380.4
195,877.1
191,807.5
82,787.3
83,156.7
84,263.2
84,155.5
83,894.3
87,465.3
86,913.0
87,482.7
89,132.2
90,006.7
92,317.0
97,713.3
97,242.8
96,937.5
98,920.5
99,510.2
101,022.4
102,101.7
101,918.8
102,296.2
104,778.3
106,942.6
111,792.6
113,302.3
112,491.7
112,546.9
111,522.8
116,326.3
116,965.2
119,267.5
121,840.9
122,867.9
122,232.6
124,857.7
130,451.7
132,568.6
130,377.8
132,877.7
138,742.4
139,934.6
142,117.3
139,546.7
143,181.2
140,961.3
146,535.5
149,870.0
155,216.0
156,603.6
156,760.4
155,761.2
156,717.0
160,598.8
159,429.4
160,550.9
162,472.9
165,193.8
169,004.4
171,837.6
177,596.0
184,451.6
183,919.3
185,451.0
185,126.1
183,977.7
185,835.2
187,612.7
189,058.8
188,368.2
187,353.5
190,250.1
195,322.3
197,482.4
198,366.4
198,417.8
197,694.4
198,045.9
198,704.9
202,394.5
202,652.0
203,158.4
204,310.2
207,484.2
213,542.2
220,062.9
218,032.3
4/
(e)
203.6
203.6
203.6
203.6
203.6
203.6
203.6
203.6
203.6
203.6
156.6
78.3
15.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
22,474.8
22,049.8
22,521.0
21,398.2
21,391.5
23,035.3
22,145.9
21,935.1
22,606.5
22,578.5
23,765.8
29,113.7
25,788.4
25,367.1
25,876.4
25,633.5
25,405.3
27,474.9
26,136.6
26,954.4
26,284.3
26,870.1
29,901.3
34,292.6
30,639.1
29,841.5
29,945.6
30,190.5
31,333.8
32,966.2
32,678.6
34,010.9
32,567.1
33,197.0
35,287.4
40,527.5
36,416.4
36,023.7
35,358.3
36,101.1
35,806.6
36,165.2
35,749.6
35,509.3
36,692.7
38,599.2
38,293.7
45,362.3
40,005.7
38,826.6
38,489.4
38,823.0
37,468.8
39,373.6
40,011.5
39,099.1
38,726.3
40,295.5
41,491.0
49,095.5
43,233.6
43,439.5
42,600.8
42,201.7
41,822.6
43,630.5
42,821.3
43,408.6
43,136.0
43,566.4
46,063.5
52,756.8
48,348.3
47,681.7
47,746.0
48,071.9
47,511.1
50,317.0
49,402.2
50,387.1
50,453.7
51,020.3
53,274.1
62,089.6
55,962.3
(f) = (a) + (c); (g) = (f) + (d); (h) = (a) + (b) + (e).
1/ Debido a la inclusin de nuevas entidades financieras y cuentas de depsito en estas series, se present un cambio en el efectivo.
2/ Desde junio 29 de 2001 se excluye los depsitos de las entidades en liquidacin.
3/ Incluye depsitos fiduciarios, otros depsitos a la vista, aceptaciones bancarias despus del plazo, negociaciones de cartera, cdulas del BCH, los bonos del
sistema financiero y las operaciones de recompra de ttulos realizadas entre el sistema financiero y las entidades no financieras. A partir de diciembre de 2005 el
saldo de las cdulas hipotecarias del BCH cae por la cesin de dichos ttulos de una entidad financiera a Fogafin
4/ Corresponde a los depsitos de las entidades en liquidacin.
5/ Debido al cambio de la serie efectivo, los agregados M1, M2 y M3 tambin se reprocesaron.
6/ A partir de junio 29 de 2001 se incluye en este agregado los CDT de las entidades especiales y los depsitos a la vista de las entidades no bancarias.
1.6 Principales activos financieros

Fin de:
Total
Cuasidineros
Depsitos
CDT
de ahorro sistema
sistema financiero
(b)
financiero
1/
1/
50,832.4 26,765.4 24,067.0
51,512.7 26,995.1 24,517.5
52,084.0 27,485.4 24,598.6
52,496.1 27,757.6 24,738.4
53,296.4 29,005.0 24,291.4
55,453.9 29,652.9 25,801.0
55,590.6 29,430.2 26,160.5
56,820.6 30,116.3 26,704.3
56,617.6 29,678.7 26,938.9
56,633.8 30,049.7 26,584.2
58,887.2 32,515.2 26,372.0
59,228.7 32,618.2 26,610.5
61,075.0 33,642.0 27,433.1
61,157.4 33,511.1 27,646.3
63,557.3 35,938.9 27,618.4
64,172.2 35,999.2 28,173.1
64,783.4 36,641.6 28,141.9
65,961.1 37,843.2 28,117.9
66,637.6 38,539.6 28,098.0
67,483.1 38,960.8 28,522.4
69,475.0 40,146.9 29,328.0
70,619.6 41,574.7 29,045.0
71,979.5 43,093.8 28,885.7
69,795.6 40,760.8 29,034.7
72,003.3 42,867.0 29,136.3
72,822.0 42,912.8 29,909.2
72,534.8 42,838.0 29,696.8
73,990.9 44,120.8 29,870.1
76,204.2 46,046.1 30,158.1
77,046.9 46,881.7 30,165.1
79,629.3 48,674.5 30,954.8
79,757.1 47,964.3 31,792.8
79,793.1 47,116.2 32,676.9
81,402.2 48,568.0 32,834.2
84,404.2 51,180.5 33,223.7
81,656.0 48,918.8 32,737.2
83,311.3 49,929.8 33,381.5
86,435.7 52,809.9 33,625.8
91,301.4 55,734.5 35,566.9
92,294.5 56,199.3 36,095.2
91,973.3 55,542.5 36,430.8
92,159.3 54,578.0 37,581.3
95,484.8 56,366.1 39,118.7
94,833.0 53,771.8 41,061.1
96,536.2 54,828.8 41,707.4
100,245.2 57,098.4 43,146.9
102,861.2 58,868.6 43,992.5
98,696.6 54,706.7 43,989.9
100,997.5 56,056.2 44,941.3
104,901.4 58,419.3 46,482.1
104,979.2 58,209.1 46,770.1
107,023.1 56,874.7 50,148.4
106,401.6 55,639.7 50,761.8
106,881.7 54,847.4 52,034.4
108,803.5 55,678.1 53,125.4
111,496.5 56,148.3 55,348.2
113,160.9 56,145.4 57,015.5
116,687.0 58,986.7 57,700.3
118,847.8 61,155.6 57,692.2
119,668.6 60,019.7 59,649.0
122,876.8 58,999.4 63,877.4
125,940.2 60,405.8 65,534.4
125,637.1 59,137.3 66,499.8
122,600.3 56,965.0 65,635.3
125,387.9 59,492.8 65,895.2
126,046.1 60,913.0 65,133.1
128,396.9 64,486.5 63,910.4
125,727.7 63,475.8 62,251.9
125,982.1 65,073.5 60,908.6
128,235.0 67,672.3 60,562.7
128,638.5 68,441.0 60,197.5
125,059.6 65,748.0 59,311.6
128,254.6 69,305.7 58,948.8
130,352.9 70,880.8 59,472.1
129,320.7 71,469.5 57,851.2
128,582.3 70,847.2 57,735.0
128,693.6 70,645.2 58,048.4
130,934.0 71,856.5 59,077.4
131,268.3 72,032.7 59,235.6
131,352.0 71,298.4 60,053.6
132,767.6 72,611.2 60,156.4
133,909.9 74,425.0 59,484.9
135,106.3 76,665.1 58,441.2
133,787.5 78,306.1 55,481.3
135,845.3 79,376.9 56,468.4
Total
(a)
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
106,377.5
109,331.0
112,165.7
112,512.1
112,150.3
113,895.1
115,685.3
117,958.7
119,659.9
120,328.2
121,993.3
123,522.7
128,459.2
130,815.5
136,678.6
138,743.5
139,523.4
142,313.2
144,351.1
145,984.1
148,199.5
152,648.0
154,761.5
154,002.0
157,897.7
161,120.6
163,275.0
162,221.5
164,993.8
168,386.2
168,939.9
169,833.4
169,015.8
171,873.6
175,210.0
172,857.4
176,175.7
181,360.9
182,824.1
185,934.9
187,849.3
189,621.8
193,443.1
194,555.6
196,127.4
200,012.2
199,765.9
196,662.3
201,062.4
206,982.6
208,852.2
211,020.3
212,341.2
213,275.7
217,857.6
218,904.7
221,680.0
225,937.0
229,282.2
230,403.2
236,430.4
242,358.0
244,859.0
244,658.7
246,070.7
248,148.7
248,058.0
247,180.6
249,709.5
252,824.3
253,742.7
250,508.9
256,884.4
259,989.8
261,986.0
263,073.9
265,819.3
270,375.4
273,048.3
275,674.0
275,958.2
280,868.7
280,501.8
280,957.0
284,329.9
Subtotal
Pesos
TES
Dlares
UVR
Ley 546
2/
(d)
35,159.1
36,679.3
38,657.7
38,513.6
38,035.7
37,671.9
39,175.7
40,112.5
41,721.3
42,125.4
42,295.2
43,500.9
45,890.7
47,579.6
50,856.2
52,075.6
51,774.9
53,996.6
55,241.9
56,154.6
56,095.5
58,836.7
59,919.9
61,226.1
62,442.1
64,567.1
67,142.3
64,247.9
64,685.7
67,296.9
64,459.1
65,508.0
65,597.0
66,246.1
67,254.1
67,823.7
70,011.9
71,496.5
67,642.3
69,209.5
71,370.7
72,997.7
74,467.9
76,225.3
75,563.3
75,779.7
72,458.8
73,249.3
75,455.5
76,914.3
78,414.7
76,996.6
78,580.4
78,303.0
80,224.4
76,660.5
77,290.5
77,910.3
78,868.1
79,313.3
81,614.4
83,333.0
86,131.3
88,064.2
85,955.9
87,177.9
83,408.9
84,694.7
86,476.1
87,274.3
87,935.9
89,909.9
93,048.6
92,463.9
94,675.3
94,307.3
96,117.5
97,476.8
99,502.3
101,653.1
103,345.6
105,433.0
103,300.3
104,387.6
105,739.4
Bonos
1/ 4/
3/
(c)
52,942.5
54,461.5
56,555.3
56,530.2
55,354.6
54,825.4
56,341.8
57,296.0
58,887.3
59,510.1
59,008.5
60,150.2
63,178.0
65,238.1
68,718.7
70,179.1
70,089.6
71,568.6
72,971.1
73,999.7
74,026.0
77,342.7
78,201.5
79,610.3
81,258.6
83,556.2
86,004.0
83,518.0
84,230.5
86,876.3
84,893.8
85,542.1
84,403.0
85,226.9
85,660.1
86,206.7
87,939.2
89,840.7
86,308.3
88,444.1
90,903.2
92,523.5
93,017.2
94,847.9
94,132.9
94,309.6
90,963.3
91,774.8
93,997.0
95,768.1
97,659.2
97,207.5
99,107.7
99,558.3
101,901.9
98,832.0
99,913.0
100,674.1
101,820.8
102,464.6
105,097.4
107,259.1
109,833.4
112,199.8
110,736.3
112,181.6
108,924.0
110,016.1
112,297.2
113,040.1
113,674.6
113,937.6
117,254.4
117,165.6
119,844.8
121,989.3
124,169.6
126,341.7
128,673.3
131,320.1
129,659.7
132,017.4
130,150.8
131,353.0
133,185.4
Otros
ttulos
1,913.8
1,794.0
1,745.2
1,729.5
1,780.4
1,593.1
1,556.3
1,533.7
1,567.3
1,540.5
843.6
805.8
800.0
778.5
797.8
791.8
786.6
783.8
778.4
773.9
771.5
772.0
766.9
770.2
764.3
756.7
331.2
343.5
354.5
373.0
350.9
347.0
346.3
334.8
331.7
323.8
324.2
324.4
316.8
305.3
272.8
283.6
287.0
312.6
292.6
291.3
295.5
291.4
278.0
266.9
263.5
254.0
252.3
278.1
257.5
279.5
304.6
346.0
335.3
318.9
350.1
369.7
359.5
331.0
309.6
312.2
295.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
13,741.2
13,845.2
14,033.8
14,173.1
13,419.2
13,474.2
13,536.5
13,571.2
13,569.0
13,839.2
13,861.5
13,880.6
14,546.9
14,930.6
15,149.4
15,409.9
15,616.6
14,926.8
15,114.1
15,260.0
15,377.3
15,427.4
15,783.1
15,910.5
16,348.6
16,555.5
16,904.6
17,326.2
17,611.3
17,654.1
18,044.3
18,188.3
16,988.1
17,169.7
16,662.9
16,680.3
16,254.0
16,697.2
17,048.9
17,614.5
17,999.9
18,012.6
17,030.3
17,148.1
17,151.1
17,147.9
17,154.5
17,213.8
17,275.3
17,628.7
18,049.8
19,053.3
19,405.4
20,100.7
20,615.8
21,123.7
21,547.2
21,728.6
21,969.4
22,182.6
22,565.0
22,985.7
22,811.2
23,356.4
24,064.8
24,284.9
24,902.4
25,048.9
25,593.5
25,583.4
25,556.5
23,936.3
24,159.8
24,655.5
25,169.5
27,682.0
28,052.2
28,864.9
29,171.0
29,667.0
26,314.1
26,584.5
26,850.5
26,965.4
27,446.0
2,128.5
2,143.0
2,118.6
2,114.0
2,119.3
2,086.1
2,073.3
2,078.6
2,029.7
2,005.0
2,008.2
1,962.9
1,940.4
1,949.5
1,915.2
1,901.8
1,911.5
1,861.4
1,836.8
1,811.1
1,781.7
2,306.6
1,731.5
1,703.5
1,703.6
1,676.9
1,625.9
1,600.4
1,579.0
1,552.3
2,039.5
1,498.8
1,471.5
1,476.2
1,411.4
1,378.8
1,349.0
1,322.6
1,300.3
1,314.8
1,259.8
1,229.6
1,232.0
1,162.0
1,125.9
1,090.7
1,054.5
1,020.4
988.2
958.2
931.3
903.5
869.7
876.5
804.2
768.4
770.7
689.1
648.0
649.8
567.9
570.7
531.4
448.2
405.9
406.6
317.6
272.5
227.6
182.4
182.2
91.4
45.9
46.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
184.4
183.0
232.0
230.0
194.4
119.7
193.9
192.7
175.3
174.0
177.9
180.9
149.2
189.2
141.1
138.6
140.6
134.3
89.2
50.0
49.6
51.5
25.9
28.4
28.1
23.6
23.9
22.8
24.2
21.3
24.4
22.0
23.4
25.8
21.6
23.6
22.8
23.0
21.8
21.7
17.5
17.0
15.8
16.5
17.2
21.7
24.8
29.3
23.9
19.5
17.6
20.3
21.6
23.9
18.3
13.6
15.9
20.7
21.9
19.8
15.5
13.4
15.3
13.3
13.1
11.7
8.3
7.2
10.3
14.1
12.6
10.0
34.8
130.1
129.3
117.7
113.8
150.0
159.5
157.4
168.1
151.5
157.9
136.7
0.0
(e)
2,418.3
3,173.8
3,294.5
3,255.8
3,305.0
3,496.1
3,558.9
3,649.5
3,979.7
4,010.3
3,919.8
3,963.0
4,056.9
4,230.7
4,261.5
4,253.5
4,509.8
4,649.3
4,653.2
4,451.3
4,648.9
4,634.1
4,554.7
4,567.7
4,607.8
4,718.8
4,712.4
4,689.8
4,534.9
4,441.8
4,392.4
4,512.1
4,796.3
5,218.8
5,124.2
4,971.1
4,902.5
5,061.6
5,192.5
5,174.7
4,955.2
4,922.0
4,925.4
4,858.2
5,441.1
5,435.7
5,916.6
6,161.5
6,044.0
6,293.6
6,196.2
6,769.3
6,810.3
6,811.7
7,134.0
8,562.6
8,590.3
8,555.1
8,591.7
8,250.2
8,440.7
9,145.3
9,373.3
9,845.3
9,933.3
9,909.3
10,728.8
11,429.6
11,419.8
11,535.1
11,417.0
11,501.6
11,340.7
12,341.3
12,691.1
12,384.6
12,842.3
12,949.6
12,947.2
12,844.4
13,362.7
14,789.9
15,086.9
15,679.8
15,299.3
(a) = (b) + (c) + (d) + (e).

Nota: Vase artculo "Revisin del agregado monetario M3", en la Revista del Banco de la Repblic, No. 831, enero de 1997.
1/ Debido a la inclusin de nuevas entidades financieras y cuentas de depsito, estas series se reprocesaron, modificando el total de los cuasidineros, y el de los principales activos
financieros.
2/ Antes de 1991 incluye Ttulos de Ahorro Nacional (TAN)
3/ Incluye los ttulos de ahorro de la FEN, TER, ttulos de apoyo cafetero, aceptaciones bancarias y certificados elctricos valorizables. En noviembre de 2005 se cancel el ltimo
tramo de los ttulos de apoyo cafetero.
4/ Bonos emitidos por el sistema financiero. No incluye las entidades en liquidacin.
1.7 Banco de la Repblica. Resumen de activos 1/

Fin de:
Total
Reservas
Internacionales
de caja
(netas)
Subtotal
2/
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
38,006.7
37,453.3
37,645.0
37,404.0
37,553.1
37,455.6
36,645.1
36,523.2
38,331.1
38,884.9
38,348.7
38,293.1
37,815.2
36,228.8
40,513.0
39,704.4
39,647.9
41,947.2
41,047.8
42,521.3
41,276.6
41,411.2
40,983.9
43,257.5
41,421.2
42,214.8
45,814.0
43,411.3
46,933.1
49,604.5
44,803.2
48,112.9
47,664.4
46,631.9
45,928.9
46,392.0
49,226.6
49,483.5
46,267.0
46,326.7
43,745.9
49,696.4
45,683.4
52,936.3
48,798.6
49,194.3
48,911.7
51,327.0
50,017.6
48,994.6
48,391.8
44,773.8
44,796.1
49,641.2
48,434.1
50,665.5
56,007.4
61,677.0
60,306.5
59,000.9
64,035.9
65,171.0
62,610.9
63,051.1
58,386.7
61,051.4
54,634.8
55,707.8
53,960.7
54,608.0
53,521.6
56,973.4
56,669.3
54,071.8
53,906.5
54,586.5
56,048.8
57,225.8
55,514.0
56,552.4
56,433.4
59,973.2
57,378.6
59,663.6
58,544.8
30,897.2
30,328.2
30,381.6
30,348.5
31,187.1
31,614.9
30,731.5
30,899.1
31,632.3
31,634.1
32,358.0
32,347.0
32,618.9
31,471.7
33,303.6
31,172.4
31,217.3
31,869.6
31,996.7
34,835.2
34,172.6
32,616.2
33,527.7
34,143.8
33,678.1
33,692.3
34,752.0
35,878.0
36,283.5
37,296.6
35,885.6
35,950.6
35,946.4
35,032.3
35,544.0
34,556.8
37,036.6
38,397.9
41,600.7
41,611.3
38,202.0
39,197.0
40,064.2
43,452.3
41,565.6
41,546.5
42,659.1
41,892.7
40,833.5
39,658.8
39,868.2
38,635.1
38,380.6
41,213.3
41,442.9
44,959.3
50,218.5
55,993.4
54,712.2
52,879.7
57,164.5
59,656.1
56,986.2
53,583.1
50,485.5
51,962.5
49,173.1
51,059.6
48,193.1
50,213.2
50,046.7
51,830.3
50,069.2
48,702.5
49,008.6
50,527.4
51,031.1
50,315.1
49,135.6
48,288.9
49,186.3
49,138.8
52,671.9
54,453.9
53,651.0
Crdito interno
Operaciones
Compra
Repo de
definitiva
expansin
de TES
3/
7,109.6
7,125.1
7,263.3
7,055.4
6,365.9
5,840.6
5,913.6
5,624.1
6,698.9
7,250.7
5,990.7
5,946.1
5,196.3
4,757.1
7,209.4
8,531.8
8,430.6
10,077.6
9,051.2
7,686.2
7,104.0
8,795.0
7,456.2
9,113.7
7,743.1
8,522.5
11,062.0
7,533.3
10,649.6
13,402.4
8,917.6
12,162.3
11,718.0
11,599.7
10,384.9
11,835.3
12,190.0
11,085.5
4,666.3
4,823.7
5,543.9
10,499.4
5,619.2
9,484.0
7,233.0
7,647.8
6,252.6
9,434.4
9,184.0
9,335.8
8,523.6
6,138.7
6,415.5
8,427.9
6,991.2
5,706.3
5,788.9
5,683.6
5,594.3
6,121.4
6,871.4
5,515.0
5,624.7
9,468.0
7,901.2
9,088.9
5,461.8
4,648.2
5,767.7
4,394.7
3,474.9
5,143.1
6,600.1
5,369.3
4,897.9
4,059.1
5,017.7
6,910.7
6,378.4
8,263.5
7,247.8
10,834.4
4,706.6
5,209.8
4,893.8
1,740.0
1,993.1
2,130.8
2,313.9
1,450.0
1,185.9
1,544.8
1,329.4
2,529.3
3,580.3
2,788.9
2,511.8
1,793.5
809.4
948.2
2,282.3
2,169.7
3,640.7
2,567.0
3,195.9
1,822.7
1,832.9
922.4
4,050.4
2,661.4
3,378.6
5,935.3
2,563.3
5,493.7
6,909.2
3,765.5
7,011.1
6,744.7
6,614.6
5,416.5
6,636.3
7,238.4
6,289.3
590.6
703.9
1,561.9
6,391.4
1,553.2
5,365.3
3,122.7
3,635.2
2,262.1
5,403.2
4,527.9
4,737.6
3,972.5
2,655.3
2,897.8
4,793.0
3,324.9
1,939.5
1,922.1
2,232.2
1,900.3
1,921.0
2,634.7
1,813.3
1,927.6
5,832.1
4,228.0
5,251.2
1,749.4
2,830.0
4,019.5
2,388.8
757.3
459.7
1,914.0
1,015.1
985.2
1,300.3
2,018.3
3,770.5
3,192.7
5,170.1
4,240.4
5,997.6
2,063.7
2,538.7
2,205.2
Otros
activos
5/
4/
2,794.3
2,633.0
2,675.6
2,281.2
2,456.0
2,126.5
1,851.2
1,777.2
1,661.8
1,166.5
703.1
928.0
919.9
1,499.9
3,823.0
3,799.0
3,806.8
3,953.1
3,994.7
2,017.3
2,712.7
4,343.0
3,917.5
2,550.5
2,594.1
2,646.3
2,611.1
2,453.5
2,457.3
2,561.5
2,506.3
2,528.9
2,304.1
2,341.1
2,329.1
2,405.1
2,225.1
2,199.0
1,478.6
1,446.8
1,469.4
1,470.3
1,443.9
1,410.1
1,420.2
1,375.5
1,296.2
1,306.5
1,281.2
1,273.2
1,249.2
174.6
163.9
146.0
147.2
153.4
152.7
360.3
638.9
866.6
887.0
389.8
399.8
394.1
396.2
391.5
398.5
398.8
403.2
679.7
1,353.5
3,580.3
3,528.2
3,120.4
2,743.8
1,556.0
1,539.6
1,560.9
1,572.7
1,562.6
1,534.6
1,541.5
1,213.3
1,320.7
1,323.1
2,575.2
2,499.0
2,456.9
2,460.3
2,459.9
2,528.2
2,517.5
2,517.4
2,507.7
2,504.0
2,498.7
2,506.4
2,482.9
2,447.7
2,438.2
2,450.5
2,454.0
2,483.9
2,489.5
2,472.9
2,568.6
2,619.1
2,616.3
2,512.8
2,487.6
2,497.6
2,515.6
2,516.5
2,698.7
3,931.6
2,645.7
2,622.4
2,669.2
2,644.0
2,639.3
2,793.9
2,726.6
2,597.3
2,597.1
2,672.9
2,512.6
2,637.7
2,622.0
2,708.6
2,690.1
2,637.1
2,694.3
2,724.6
3,375.0
3,325.0
3,301.9
3,308.9
3,353.7
3,488.9
3,519.2
3,613.3
3,714.1
3,091.0
3,055.1
3,333.9
3,349.7
3,311.9
3,297.3
3,241.8
3,277.0
3,446.2
3,313.9
1,419.3
1,344.9
1,326.2
1,364.2
1,103.2
1,157.9
1,233.8
1,169.0
1,202.8
1,459.9
1,579.3
1,613.0
1,530.8
1,472.8
3,295.4
1,429.6
1,350.4
1,365.5
1/ Las cifras corresponden al cierre monetario, es decir, al viernes ms cercano al fin de cada mes.
2/ A partir de enero 4 de 1999, se modific el clculo de las reservas internacionales de acuerdo con el nuevo Manual de balanza de pagos del
FMI. Se restringi la definicin de los pasivos de corto plazo a las obligaciones de menos de un ao con no residentes, por lo cual se
excluyeron de dichos pasivos las obligaciones del Banco de la Repblica con la Direccin del Tesoro Nacional y con otras entidades. As
mismo, se excluyeron de los pasivos a corto plazo, los pasivos con organismos internacionales como el BID y el BDC, por ser pasivos de largo
plazo. Las cuentas por pagar de inversiones se reclasificaron dentro del activo pero con signo contrario, y se descontaron del rubro valuacin
neta y provisin US$55,7 millones correspondientes al saldo de los convenios reestructurados con Cuba y Honduras. Para efectos de
comparacin, las cifras correspondientes a los aos anteriores tambin fueron modificadas.
3/ A partir de abril de 1998 el Banco de la Repblica efecta operaciones de compraventa de ttulos TES B en el mercado secundario, con fines
de regulacin monetaria.
4/ Compras en firme por parte del Banco de la Repblica a los intermediarios financieros.
5/ Incluye otros activos y pasivos sin clasificar.
1.8 Banco de la Repblica. Resumen de pasivos y patrimonio 1/

Fin de:
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Total
38,006.7
37,453.3
37,645.0
37,404.0
37,553.1
37,455.6
36,645.1
36,523.2
38,331.1
38,884.9
38,348.7
38,293.1
37,815.2
36,228.8
40,513.0
39,704.4
39,647.9
41,947.2
41,047.8
42,521.3
41,276.6
41,411.2
40,983.9
43,257.5
41,421.2
42,214.8
45,814.0
43,411.3
46,933.1
49,604.5
44,803.2
48,112.9
47,664.4
46,631.9
45,928.9
46,392.0
49,226.6
49,483.5
46,267.0
46,326.7
43,745.9
49,696.4
45,683.4
52,936.3
48,798.6
49,194.3
48,911.7
51,327.0
50,017.6
48,994.6
48,391.8
44,773.8
44,796.1
49,641.2
48,434.1
50,665.5
56,007.4
61,677.0
60,306.5
59,000.9
64,035.9
65,171.0
62,610.9
63,051.1
58,386.7
61,051.4
54,634.8
55,707.8
53,960.7
54,608.0
53,521.6
56,973.4
56,669.3
54,071.8
53,906.5
54,586.5
56,048.8
57,225.8
55,514.0
56,552.4
56,433.4
59,973.2
57,378.6
59,663.6
58,544.8
Base
monetaria
Subtotal
14,670.2
14,402.2
15,075.9
14,203.7
14,594.0
15,734.9
14,824.3
14,555.2
15,086.5
15,366.8
15,612.1
19,260.2
17,228.5
16,731.3
17,379.8
17,075.4
17,987.0
18,760.1
17,325.5
18,013.1
17,578.8
18,132.2
20,228.9
22,804.0
20,387.0
20,369.3
20,532.5
21,438.8
22,162.2
21,835.2
21,741.6
24,296.0
23,091.8
23,108.6
24,189.3
27,031.8
26,248.1
25,076.0
26,504.8
24,933.4
25,207.2
26,610.9
24,636.9
25,162.7
26,038.5
27,536.3
28,711.3
32,415.1
29,925.2
29,123.4
28,483.8
29,304.4
27,572.1
29,113.5
28,745.2
28,283.4
31,321.5
32,676.5
33,207.3
37,040.4
33,390.3
33,635.6
32,939.7
31,936.3
30,853.0
32,777.2
33,781.2
32,808.2
32,746.3
33,466.5
34,599.7
39,544.7
37,705.5
36,802.7
36,221.7
34,784.3
35,610.1
38,255.0
36,935.5
37,189.2
36,599.1
38,233.4
39,254.9
44,875.0
42,284.7
1,185.8
2,325.1
1,974.3
3,021.0
1,705.9
1,113.7
2,111.4
2,645.7
3,315.3
3,750.0
3,617.9
1,234.1
3,165.9
3,468.1
6,510.6
5,932.4
5,236.6
6,827.7
7,528.7
8,116.9
7,564.7
7,187.3
4,911.6
4,287.5
4,839.9
6,736.8
9,464.9
4,703.4
5,688.7
7,390.4
4,399.9
5,620.6
6,372.6
6,221.3
4,480.5
2,970.9
6,485.6
8,845.4
5,049.4
8,061.2
9,594.2
12,789.1
10,070.7
12,967.0
10,341.2
9,243.0
6,720.3
6,273.8
8,166.9
11,110.4
11,716.5
8,623.9
10,895.2
12,117.5
12,041.9
11,857.2
9,780.1
8,235.4
7,625.8
4,335.5
8,097.2
6,798.4
7,317.5
12,334.0
11,775.3
11,475.8
7,523.3
9,423.1
10,628.9
8,608.2
6,580.2
3,888.7
7,165.2
6,805.8
7,578.4
8,984.4
9,552.2
9,680.0
10,498.3
12,155.2
12,461.2
13,410.8
8,628.8
4,478.0
7,509.3
Pasivos no monetarios
Operaciones de Tesorera
Sector
contraccin
3/
financiero
y sector
2/
privado
757.1
293.3
52.0
0.0
149.5
82.4
31.6
54.6
0.9
5.0
129.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3,499.3
2,538.8
1,160.2
666.7
509.4
416.7
431.2
2,028.3
259.2
31.7
11.5
68.3
21.1
73.4
486.4
36.1
2,736.6
2,044.4
434.9
2,341.3
1,193.4
3,696.5
1,844.2
1,299.8
854.9
1,089.7
187.4
880.4
2,427.3
1,398.9
480.7
1,966.6
829.9
3,356.0
4,082.2
1,512.9
472.0
334.4
730.9
321.7
28.7
252.2
602.7
547.2
935.0
531.9
153.1
1,722.0
1,612.2
2,744.0
1,295.4
777.8
1,825.0
2,346.4
3,105.8
3,692.6
3,431.9
1,186.4
3,102.1
3,400.6
6,459.9
5,871.9
5,189.0
6,756.4
7,452.4
8,034.1
7,490.1
7,107.6
4,756.4
4,222.2
4,644.8
6,549.3
9,329.0
4,550.3
5,331.7
7,084.0
4,235.3
5,466.2
6,220.5
6,059.8
4,251.2
2,745.0
6,279.0
8,687.1
4,912.7
4,447.5
6,887.8
11,449.8
8,853.9
11,761.3
9,069.7
7,847.9
3,686.1
4,902.0
6,789.8
10,354.7
11,098.7
8,159.3
10,462.7
11,217.1
11,572.3
8,709.3
7,205.0
7,531.8
5,083.8
2,782.9
4,156.9
4,826.7
5,865.8
11,354.9
10,579.3
11,020.3
6,520.5
6,856.7
9,125.7
8,013.4
4,512.2
2,977.7
3,701.3
2,575.0
5,967.8
8,387.9
9,101.7
8,812.6
10,032.0
11,933.0
12,063.8
12,657.2
7,944.5
3,432.4
6,859.6
85.9
122.5
124.5
94.8
97.4
92.3
95.6
90.3
49.6
45.3
50.1
41.0
57.3
61.1
44.2
54.1
41.1
64.9
69.9
76.4
68.3
73.4
149.0
59.0
188.8
181.3
129.6
146.6
350.1
304.7
163.1
153.0
150.6
160.0
227.8
224.5
205.2
156.9
135.4
113.0
166.5
178.0
548.8
695.0
853.5
962.7
1,004.6
1,111.4
1,344.2
743.1
548.4
442.3
358.0
412.8
432.3
410.2
529.4
267.2
199.3
357.8
242.4
125.9
150.3
122.8
104.9
266.7
121.2
137.9
103.1
112.9
100.2
79.8
106.6
147.4
96.5
123.3
114.8
135.3
143.5
192.3
144.0
149.7
135.9
109.4
116.6
Patrimonio
Obligaciones
externas de
largo plazo
189.7
187.3
185.6
182.2
163.6
161.2
159.2
154.4
159.1
7.1
6.9
6.6
6.5
6.4
6.5
6.5
6.4
6.4
6.4
6.3
6.3
6.3
6.3
6.3
6.3
6.2
6.3
6.5
6.9
1.6
1.5
1.5
1.5
1.5
1.4
1.4
1.4
1.4
1.4
1.3
1.2
1.2
1.2
1.4
1.3
1.3
1.3
1.3
1.2
1.2
1.1
1.1
1.1
1.1
1.1
1.2
1.3
1.5
1.5
1.4
1.5
1.6
1.5
1.4
1.3
1.4
1.3
1.3
1.2
1.3
1.2
1.3
1.2
1.2
1.2
1.2
1.2
1.2
1.2
1.1
1.1
1.1
1.2
1.2
1.2
22,150.7
20,726.0
20,594.7
20,179.3
21,253.1
20,607.0
19,709.3
19,322.3
19,929.3
19,768.1
19,118.6
17,798.8
17,420.8
16,029.4
16,622.7
16,696.5
16,424.3
16,359.4
16,193.6
16,391.3
16,133.0
16,091.7
15,843.5
16,165.9
16,194.3
15,108.7
15,816.6
17,269.1
19,082.2
20,379.0
18,661.8
18,196.3
18,200.0
17,302.1
17,259.1
16,389.3
16,493.0
15,562.0
14,712.8
13,332.1
8,944.5
10,296.4
10,975.8
14,806.6
12,418.9
12,415.0
13,480.1
12,638.1
11,925.4
8,760.8
8,191.6
6,845.6
6,328.8
8,410.2
7,647.0
10,525.0
14,905.8
20,765.1
19,473.3
17,624.9
22,548.4
24,737.0
22,353.8
18,780.7
15,758.4
16,798.4
13,330.3
13,476.5
10,585.5
12,533.3
12,341.6
13,540.0
11,798.6
10,463.2
10,106.4
10,817.8
10,886.5
9,290.8
8,080.1
7,207.9
7,373.1
8,329.0
9,494.9
10,310.7
8,750.8
1/ Las cifras corresponden al cierre monetario; es decir, al viernes ms cercano al fin de cada mes.
2/ Hasta Dic. de 1998 la serie consta nicamente de ttulos de participacin. A partir de enero de 1999 el Banco de la Repblica no emite ttulos de participacin. Las
operaciones de contraccin monetaria las realiza a travs de venta temporal de ttulos y a partir de abril de 2007, a travs de los depsitos remunerados no constitutivos de
encaje.
3/ Incluye los depsitos por endeudamiento externo y por prefinanciacin de exportaciones establecidos en la Resolucin Externa 2 de 2007 de la Junta Directiva del Banco
de la Repblica
1.9 Banco de la Repblica. Principales activos y pasivos con el Gobierno Nacional
1/
Fin de:
2004
2005
2005
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Crdito
neto
Total
(a)
(b)
2,700.7
976.0
1,133.2
(405.9)
1,218.7
1,414.6
83.5
(510.6)
(1,378.6)
(2,471.2)
(2,672.7)
(194.2)
(2,130.3)
(1,843.2)
(2,572.4)
(2,019.3)
(1,327.1)
(2,739.2)
(3,403.2)
(5,959.0)
(4,711.8)
(2,716.4)
(780.0)
(1,607.5)
(2,002.1)
(3,848.9)
(6,655.1)
(2,048.6)
(2,820.6)
(4,463.7)
(1,687.5)
(2,888.1)
(3,863.5)
(3,678.8)
(1,876.3)
(290.2)
(4,013.1)
(6,443.4)
(3,385.8)
(2,965.7)
(5,377.3)
(9,934.8)
(7,375.9)
(10,310.7)
(7,605.1)
(6,439.6)
(2,353.4)
(3,554.8)
(5,477.8)
(9,047.5)
(9,815.1)
(7,957.3)
(10,267.9)
(11,035.8)
(11,398.4)
(8,525.5)
(7,020.6)
(7,148.8)
(4,418.8)
(1,889.0)
(3,248.5)
(4,411.5)
(5,440.5)
(10,944.2)
(10,162.8)
(10,607.4)
(6,107.0)
(6,442.9)
(8,700.6)
(7,323.6)
(3,147.7)
619.8
(164.8)
557.8
(3,208.2)
(6,826.6)
(7,555.9)
(7,236.8)
(8,452.0)
(10,362.3)
(10,512.2)
(11,110.2)
(6,724.9)
(2,096.3)
(5,533.1)
2,853.8
2,698.0
2,745.3
2,338.2
2,514.1
2,192.4
1,908.5
1,835.8
1,727.2
1,221.4
759.3
992.3
971.7
1,557.5
3,887.5
3,852.6
3,861.9
4,017.2
4,049.3
2,077.1
2,778.3
4,391.2
3,976.4
2,614.8
2,642.7
2,700.5
2,673.9
2,501.8
2,511.2
2,620.3
2,547.8
2,578.1
2,357.0
2,380.9
2,374.9
2,454.9
2,265.9
2,243.7
1,526.9
1,481.8
1,510.5
1,514.9
1,478.0
1,450.6
1,464.6
1,408.2
1,332.6
1,347.2
1,312.0
1,307.2
1,283.6
202.0
194.7
181.3
173.9
183.8
184.4
383.0
665.0
893.9
908.4
415.2
425.3
410.7
416.5
412.9
413.5
413.8
425.2
689.8
1,364.5
3,597.5
3,536.5
3,132.8
2,759.6
1,561.3
1,545.8
1,575.8
1,580.0
1,570.7
1,551.6
1,547.0
1,219.6
1,336.2
1,326.5
Activos
Consolidacin
Otros
deuda y TES crditos
recibidos
en pago
TES B
operaciones
de liquidez
Pasivos
Depsitos en M/N
Cuenta
Otros
cajero
4/
3/
Exigibilidades en
moneda
extranjera
(c)
2/
50.1
50.5
49.7
49.6
49.7
49.4
49.0
49.3
47.9
47.2
47.7
47.2
47.2
48.1
46.1
45.6
46.1
45.1
45.2
44.6
45.0
44.5
44.5
43.7
43.8
43.2
40.5
39.6
38.3
36.6
36.4
36.5
35.8
36.2
34.5
33.7
32.9
32.5
31.6
31.8
30.3
29.3
29.6
27.6
26.9
26.1
25.3
24.5
23.7
23.1
22.4
21.7
20.9
21.1
19.4
18.5
18.6
16.6
15.7
15.7
13.8
13.9
12.9
10.9
9.8
9.9
7.7
6.6
5.5
4.4
4.4
2.2
1.1
1.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Total
9.4
14.5
20.1
7.4
8.4
16.5
8.3
9.2
17.5
7.7
8.5
17.1
4.6
9.5
18.5
8.0
9.0
19.1
9.3
15.2
20.6
3.7
14.4
20.6
4.8
11.0
22.3
8.7
15.6
22.2
5.0
12.7
17.1
3.7
11.3
16.1
7.9
12.1
16.6
3.2
10.8
15.3
4.5
12.9
17.5
6.7
11.2
16.2
7.1
11.0
12.1
5.7
9.9
14.2
7.3
11.9
13.1
6.0
10.5
11.6
7.6
11.6
12.6
5.7
10.4
11.5
7.3
8.4
16.4
5.7
6.6
15.0
7.2
11.2
15.8
5.3
6.2
15.0
7.3
8.2
17.0
5.6
6.3
15.5
3.4
2,794.3
2,633.0
2,675.6
2,281.2
2,456.0
2,126.5
1,851.2
1,777.2
1,661.8
1,166.5
703.1
928.0
919.9
1,499.9
3,823.0
3,799.0
3,806.8
3,953.1
3,994.7
2,017.3
2,712.7
4,343.0
3,917.5
2,550.5
2,594.1
2,646.3
2,611.1
2,453.5
2,457.3
2,561.5
2,506.3
2,528.9
2,304.1
2,341.1
2,329.1
2,405.1
2,225.1
2,199.0
1,478.6
1,446.8
1,469.4
1,470.3
1,443.9
1,410.1
1,420.2
1,375.5
1,296.2
1,306.5
1,281.2
1,273.2
1,249.2
174.6
163.9
146.0
147.2
153.4
152.7
360.3
638.9
866.6
887.0
389.8
399.8
394.1
396.2
391.5
398.5
398.8
403.2
679.7
1,353.5
3,580.3
3,528.2
3,120.4
2,743.8
1,556.0
1,539.6
1,560.9
1,572.7
1,562.6
1,534.6
1,541.5
1,213.3
1,320.7
1,323.1
153.1
1,722.0
1,612.2
2,744.1
1,295.4
777.8
1,825.1
2,346.4
3,105.8
3,692.6
3,431.9
1,186.5
3,102.1
3,400.6
6,459.9
5,871.9
5,189.0
6,756.4
7,452.4
8,036.1
7,490.1
7,107.6
4,756.4
4,222.2
4,644.8
6,549.3
9,329.1
4,550.3
5,331.8
7,084.1
4,235.3
5,466.2
6,220.6
6,059.8
4,251.2
2,745.1
6,279.0
8,687.1
4,912.7
4,447.6
6,887.8
11,449.8
9,106.1
12,019.2
9,391.6
8,267.6
4,129.4
5,353.2
6,789.8
10,552.8
11,229.5
8,197.0
10,476.9
11,218.9
11,577.7
8,715.9
7,212.7
7,548.4
5,097.4
2,782.9
4,156.9
4,826.7
5,865.8
11,355.0
10,579.3
11,020.3
6,520.5
6,856.7
9,125.7
8,013.4
4,512.2
2,977.7
3,701.3
2,575.0
5,969.0
8,388.0
9,101.7
8,812.6
10,032.0
11,933.1
12,063.8
12,657.3
7,944.5
3,432.5
6,859.6
62.9
1,636.6
1,538.6
2,651.8
848.6
49.4
41.9
47.9
46.6
43.2
44.0
80.7
52.9
50.8
45.9
46.2
65.7
52.9
39.8
40.0
37.6
40.5
36.6
70.5
68.2
70.8
45.4
39.2
40.1
39.8
32.0
32.7
33.0
37.3
30.8
41.0
35.8
56.4
38.9
32.8
24.6
30.8
25.4
28.6
28.5
27.4
25.5
164.8
45.4
45.8
45.1
45.7
43.2
39.9
48.6
35.0
56.0
49.9
57.5
46.9
67.1
59.6
57.0
69.0
62.0
60.4
71.1
62.4
71.3
74.9
74.7
106.1
65.0
75.6
66.6
52.8
47.9
44.8
56.2
54.4
57.4
54.7
52.8
104.6
58.2
6.8
8.8
11.8
13.8
382.0
550.3
1,683.0
2,160.1
2,935.4
3,569.6
3,269.8
1,014.3
2,937.0
3,235.9
3,289.5
5,724.3
5,044.2
6,431.0
7,299.1
7,886.1
7,315.8
6,926.1
4,546.9
3,674.3
4,220.4
6,179.9
9,098.0
4,364.3
5,190.0
6,792.3
4,029.3
5,303.1
6,048.3
5,872.4
3,978.3
2,522.6
5,998.9
8,469.6
4,714.8
4,272.0
6,735.1
11,279.4
8,812.7
11,864.6
9,171.3
8,159.5
3,957.0
4,996.1
6,332.3
10,154.3
10,113.3
7,578.5
9,764.5
10,504.3
10,814.8
7,970.9
6,504.2
7,266.6
4,859.0
2,526.2
3,955.3
3,858.2
5,665.1
11,100.4
10,442.0
10,874.9
6,083.4
6,626.5
9,009.6
7,859.4
4,302.2
2,262.7
3,114.8
2,014.8
5,661.3
8,053.1
8,873.6
8,521.9
9,702.7
11,702.8
11,697.5
12,162.4
7,651.4
3,032.8
6,507.6
83.4
76.7
61.7
78.4
64.8
178.0
100.1
138.4
123.8
79.8
118.1
91.4
112.2
114.0
3,124.5
101.4
79.2
272.5
113.6
109.9
136.8
141.0
172.8
477.5
356.2
298.5
185.6
146.8
101.6
252.0
173.9
130.4
139.2
150.1
242.1
181.4
244.3
161.2
159.0
142.8
128.1
139.7
268.0
125.9
191.8
80.7
146.9
192.3
412.1
352.7
1,071.1
572.9
669.2
674.7
714.3
710.1
652.5
231.8
180.9
209.8
134.5
908.9
143.7
185.6
75.3
85.0
366.0
167.8
44.8
79.0
135.4
608.9
521.5
484.6
241.0
282.1
180.2
245.9
273.1
175.9
309.0
440.1
240.2
295.0
293.8
(a) = (b) - (c).

1/ Las cifras corresponden al cierre monetario; es decir, al viernes ms cercano al fin de cada mes.
2/ En cumplimiento de la Resolucin 200 de 1995 de la Superintendencia Bancaria, a partir de mayo de 1995 las inversiones en ttulos en poder del sistema financiero
deben valorarse a precios de mercado.
3/ A partir de abril de 1998 el Banco de la Repblica efecta operaciones de compraventa de ttulos TES B en el mercado secundario, con fines de regulacin monetaria.
4/ Ttulos de participacin, impuestos a la gasolina, venta de bonos nacionales y saneamiento fiscal, principalmente, tambin incluye los depsitos por endeudamiento
externo y por prefinanciacin de exportaciones establecidos en la Resolucin Externa 2 de 2007 de la Junta Directiva del Banco de la Repblica
1.10 Banco de la Repblica. Principales activos y pasivos

con los bancos comerciales 1/
Fin de:
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Crdito
Activos
neto
Subtotal Repos de
Lneas,
expansin cupos y otros
crditos
3/
(a)
(b)
4/
(2,896.1)
(2,170.7)
(2,528.3)
(1,823.5)
(3,113.4)
(3,378.5)
(2,616.8)
(2,774.7)
(1,846.1)
(1,267.8)
(1,904.9)
(3,277.1)
(3,164.7)
(3,746.0)
(3,925.2)
(2,747.8)
(3,730.1)
(2,046.3)
(1,977.6)
(1,894.4)
(2,985.5)
(3,188.8)
(5,072.2)
(2,822.9)
(2,961.0)
(2,786.6)
(57.2)
(3,913.4)
(1,634.2)
815.8
(1,494.7)
(765.1)
133.0
77.8
(1,228.7)
(812.5)
(853.5)
(694.3)
(8,146.0)
(8,946.4)
(6,928.1)
(2,355.8)
(5,227.7)
(2,002.4)
(4,828.5)
(5,015.5)
(8,330.6)
(4,974.2)
(4,623.0)
(4,981.7)
(5,302.9)
(7,164.5)
(5,908.9)
(5,053.4)
(5,695.3)
(8,925.3)
(10,330.5)
(9,950.4)
(12,241.2)
(11,674.2)
(11,389.0)
(11,439.4)
(10,530.6)
(5,357.0)
(6,491.8)
(6,297.0)
(11,103.2)
(10,802.2)
(7,980.9)
(9,949.4)
(13,563.7)
(13,654.2)
(15,505.5)
(16,620.7)
(12,934.7)
(10,634.6)
(10,660.1)
(10,280.2)
(9,778.9)
(7,982.9)
(8,323.3)
(8,513.2)
(12,326.7)
(12,580.8)
(12,811.8)
1,524.1
1,686.5
1,748.4
1,905.5
1,127.7
1,008.0
1,275.4
1,146.3
2,206.7
3,007.6
2,275.5
2,004.2
1,394.9
672.5
849.5
1,999.7
1,850.9
3,286.7
2,350.1
2,863.4
1,530.0
1,507.4
658.1
3,495.7
2,323.3
2,819.1
5,361.4
2,316.7
4,592.4
5,984.8
3,466.6
6,438.2
6,327.5
6,245.7
4,926.5
5,948.3
6,693.9
5,958.8
532.0
515.8
1,014.5
5,844.4
1,361.1
5,017.8
3,002.7
3,266.1
2,153.1
4,981.0
4,177.9
4,273.9
3,699.8
2,384.2
2,405.9
4,286.1
2,982.4
1,532.8
1,703.0
1,763.3
1,568.3
1,442.0
1,945.2
1,405.5
1,487.4
5,377.8
3,807.3
4,579.9
1,515.9
2,637.5
3,485.0
2,306.2
584.7
172.5
1,459.2
913.3
702.7
1,192.6
1,948.0
3,245.8
2,813.8
5,044.7
3,744.1
5,565.7
1,909.1
2,267.2
2,147.7
1,512.5
1,674.5
1,745.2
1,903.1
1,126.5
1,006.5
1,273.5
1,145.0
2,204.5
3,003.6
2,271.1
1,992.1
1,388.1
671.5
848.2
1,996.0
1,849.0
3,283.5
2,345.4
2,861.0
1,525.0
1,506.0
657.0
3,491.6
2,321.4
2,817.0
5,356.7
2,313.0
4,589.0
5,982.0
3,464.0
6,433.0
6,322.4
6,240.4
4,922.0
5,935.0
6,688.6
5,953.7
530.0
515.0
1,013.0
5,840.0
1,359.7
5,015.0
2,999.0
3,262.0
2,151.0
4,970.0
4,174.0
4,271.0
3,696.4
2,379.0
2,402.0
4,280.0
2,979.0
1,529.8
1,701.0
1,761.0
1,565.0
1,436.0
1,941.4
1,402.0
1,486.0
5,373.0
3,801.0
4,577.0
1,512.0
2,636.0
3,483.0
2,299.0
584.0
170.0
1,456.7
910.8
700.0
1,190.0
1,947.0
3,244.0
2,811.0
5,043.0
3,741.0
5,562.0
1,908.0
2,264.9
2,146.5
11.6
12.0
3.2
2.4
1.2
1.5
1.9
1.3
2.2
4.0
4.4
12.1
6.8
1.0
1.3
3.7
1.9
3.2
4.7
2.4
5.0
1.4
1.1
4.1
1.9
2.1
4.6
3.7
3.4
2.8
2.6
5.2
5.1
5.3
4.5
13.3
5.2
5.1
2.0
0.8
1.5
4.4
1.4
2.8
3.7
4.1
2.1
11.0
3.9
2.9
3.4
5.2
3.9
6.1
3.4
3.0
2.0
2.3
3.3
6.0
3.8
3.5
1.4
4.8
6.3
2.9
3.9
1.5
2.0
7.2
0.7
2.5
2.5
2.5
2.7
2.6
1.0
1.8
2.8
1.7
3.1
3.7
1.1
2.3
1.2
Subtotal
Pasivos
Monetarios 2/
Subtotal Depsitos Efectivo
en BR
en caja
(c)
4,420.1
3,857.2
4,276.7
3,728.9
4,241.1
4,386.5
3,892.2
3,921.0
4,052.7
4,275.4
4,180.4
5,281.3
4,559.7
4,418.5
4,774.8
4,747.4
5,581.1
5,333.0
4,327.7
4,757.8
4,515.5
4,696.3
5,730.3
6,318.6
5,284.2
5,605.7
5,418.6
6,230.1
6,226.6
5,169.0
4,961.3
7,203.3
6,194.5
6,167.9
6,155.3
6,760.9
7,547.4
6,653.1
8,678.0
9,462.2
7,942.6
8,200.2
6,588.8
7,020.2
7,831.2
8,281.5
10,483.7
9,955.2
8,800.9
9,255.6
9,002.7
9,548.6
8,314.9
9,339.5
8,677.8
10,458.1
12,033.5
11,713.8
13,809.4
13,116.3
13,334.3
12,844.9
12,018.1
10,734.9
10,299.1
10,876.9
12,619.1
13,439.7
11,465.9
12,255.6
14,148.5
13,826.6
16,964.7
17,534.0
13,637.3
11,827.2
12,608.1
13,526.0
12,592.7
13,027.6
12,067.4
14,078.9
14,235.8
14,848.0
14,959.5
3,604.7
3,665.4
4,180.0
3,662.2
4,027.3
4,244.2
3,793.0
3,852.6
4,027.3
4,247.9
4,050.6
5,256.8
4,543.3
4,394.3
4,753.3
4,725.0
5,567.2
5,308.9
4,303.0
4,736.1
4,494.2
4,683.6
5,707.0
6,293.7
5,258.6
5,589.9
5,395.5
6,208.5
6,207.5
5,147.3
4,948.9
7,185.1
6,173.9
6,157.0
6,133.3
6,737.4
7,528.2
6,634.9
8,658.9
7,079.0
6,992.4
8,126.0
6,410.4
6,933.5
7,730.3
8,168.5
8,934.4
9,711.2
8,776.4
9,136.1
8,959.8
9,506.0
8,286.4
9,268.5
8,654.1
8,495.0
11,180.9
11,397.8
11,621.6
12,143.2
10,558.9
11,251.6
10,897.1
9,922.5
9,378.6
10,781.3
11,732.8
11,385.5
10,662.4
11,803.5
12,383.5
13,076.5
13,641.1
13,531.9
12,253.7
11,422.8
12,312.1
12,818.9
12,330.2
13,025.0
11,837.3
13,551.8
13,930.7
14,356.0
14,507.1
1,267.7
1,416.0
2,039.0
1,422.0
1,652.6
2,059.3
1,281.3
1,321.2
1,860.3
1,892.9
1,444.4
2,379.7
1,780.5
1,732.5
2,123.3
2,216.6
2,883.1
2,715.2
1,399.5
2,209.7
1,785.9
1,810.8
2,850.6
2,971.0
2,054.4
2,434.5
2,454.8
3,055.0
3,280.6
1,746.8
1,432.0
3,951.4
2,808.4
2,600.9
2,640.7
2,380.7
3,993.9
3,393.9
4,814.0
3,395.3
3,292.0
4,025.2
2,219.0
3,040.6
3,654.0
4,283.2
4,482.3
4,609.2
4,294.1
4,599.7
3,806.3
5,222.6
3,438.5
4,251.8
3,856.6
3,560.5
6,117.4
6,323.8
5,855.3
5,972.5
4,765.7
5,555.4
5,231.2
4,380.4
3,692.1
4,994.1
5,971.1
5,619.7
5,746.1
6,260.8
6,145.1
6,621.3
7,461.1
7,482.0
6,235.7
5,592.4
6,218.3
6,988.7
6,122.8
6,694.6
6,179.9
7,487.0
7,250.3
7,472.3
7,291.0
No monetarios 2/
Subtotal Operaciones de Otros
contraccin
6/
5/
2,337.0
2,249.4
2,141.0
2,240.2
2,374.7
2,184.9
2,511.7
2,531.4
2,167.0
2,354.9
2,606.2
2,877.1
2,762.7
2,661.8
2,630.0
2,508.3
2,684.1
2,593.6
2,903.4
2,526.4
2,708.3
2,872.8
2,856.4
3,322.6
3,204.2
3,155.4
2,940.7
3,153.5
2,926.9
3,400.5
3,516.9
3,233.6
3,365.6
3,556.1
3,492.6
4,356.7
3,534.3
3,241.0
3,845.0
3,683.7
3,700.4
4,100.8
4,191.4
3,892.9
4,076.3
3,885.3
4,452.1
5,102.0
4,482.3
4,536.4
5,153.5
4,283.4
4,847.9
5,016.7
4,797.4
4,934.5
5,063.5
5,074.0
5,766.3
6,170.7
5,793.1
5,696.3
5,665.9
5,542.0
5,686.5
5,787.2
5,761.7
5,765.8
4,916.4
5,542.7
6,238.4
6,455.1
6,180.0
6,049.9
6,018.0
5,830.4
6,093.8
5,830.2
6,207.5
6,330.3
5,657.5
6,064.7
6,680.4
6,883.7
7,216.1
(a) = (b) - ( c)
Nota: Las cifras corresponden al cierre monetario; es decir, al viernes ms cercano al fin de cada mes.
1/ Vase nota metodolgica: "Redefinicin de los principales agregados monetarios", Revista del Banco de la Repblica, No. 812, junio de 1995.
2/ Vase nota metodolgica: "Redefinicin de la base monetaria" en Revista del Banco de la Repblica, No. 762, abril de 1991.
Incluye Bancoldex.
3/ Incluye operaciones Repos de las CAV.
4/ Incluye cupos de liquidez a las CAV.
5/ A partir de abril de 2007 corresponde a los depsitos remunerados no consitutivos de encaje.
6/ Incluye depsitos de moneda extranjera.
815.5
191.8
96.7
66.7
213.8
142.3
99.2
68.4
25.4
27.5
129.8
24.5
16.4
24.3
21.5
22.5
13.8
24.2
24.8
21.8
21.3
12.7
23.3
24.9
25.7
15.8
23.1
21.6
19.1
21.7
12.4
18.2
20.6
11.0
22.0
23.5
19.1
18.2
19.0
2,383.2
950.2
74.2
178.4
86.6
100.9
113.0
1,549.2
244.0
24.5
119.5
42.9
42.6
28.4
71.0
23.7
1,963.0
852.6
316.0
2,187.8
973.1
2,775.4
1,593.3
1,121.0
812.4
920.6
95.6
886.3
2,054.3
803.5
452.1
1,764.9
750.2
3,323.6
4,002.1
1,383.6
404.3
296.1
707.1
262.5
2.6
230.1
527.1
305.1
492.0
452.4
757.1
126.3
29.9
0.0
149.5
76.4
30.0
0.0
0.9
0.0
110.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2,370.4
927.4
50.0
155.0
60.0
80.0
90.0
1,525.0
220.0
0.0
0.0
20.0
0.0
0.0
50.0
0.0
1,935.0
828.1
254.6
2,125.6
945.0
2,733.0
1,563.0
1,100.8
794.9
902.1
85.0
865.0
2,040.0
801.0
450.0
1,761.9
746.4
3,319.1
3,997.2
1,381.1
402.0
294.0
705.0
261.0
0.0
228.0
525.0
304.0
490.0
450.0
58.4
65.5
66.8
66.7
64.3
65.9
69.2
68.4
24.5
27.5
19.8
24.5
16.4
24.3
21.5
22.5
13.8
24.2
24.8
21.8
21.3
12.7
23.3
24.9
25.7
15.8
23.1
21.6
19.1
21.7
12.4
18.2
20.6
11.0
22.0
23.5
19.1
18.2
19.0
12.8
22.7
24.2
23.4
26.6
20.9
23.0
24.2
24.0
24.5
119.5
22.9
42.6
28.4
21.0
23.7
28.1
24.6
61.3
62.3
28.1
42.4
30.3
20.2
17.5
18.5
10.6
21.3
14.3
2.5
2.1
3.0
3.8
4.5
4.9
2.5
2.3
2.1
2.1
1.5
2.6
2.1
2.1
1.1
2.0
2.4
1.11 Banco de la Repblica. Principales activos y pasivos

con otros intermediarios financieros
Fin de:
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Crdito
Activos
neto Subtotal Repos de Lneas,
expansin cupos y
otros
crditos
(a)
(b)
1/
1,236.9
1,065.4
1,238.5
1,328.3
1,186.9
1,122.5
1,190.1
1,085.0
1,254.6
1,528.6
1,357.3
1,420.6
1,290.1
1,030.4
960.3
1,182.6
1,211.1
1,260.6
1,139.1
1,243.4
1,280.9
1,299.0
1,183.6
1,409.0
1,081.8
1,318.1
1,316.1
1,033.6
1,638.5
1,758.3
1,091.5
1,441.3
1,285.9
1,186.2
1,284.3
1,584.2
1,387.0
1,123.5
867.7
(229.8)
(253.9)
296.8
415.4
735.6
518.7
828.5
401.5
1,176.3
1,066.4
1,235.9
932.4
939.7
1,119.7
759.0
1,049.6
363.7
(488.1)
679.2
511.5
810.1
295.8
670.6
759.3
1,030.5
910.3
1,132.0
858.0
355.8
622.8
778.2
742.7
714.3
895.7
494.6
685.7
627.3
624.2
1,060.1
929.4
685.3
1,131.2
1,053.2
586.0
230.4
474.2
1,379.2
1,426.4
1,478.7
1,504.6
1,394.3
1,289.7
1,388.7
1,314.8
1,453.5
1,713.1
1,598.6
1,595.5
1,487.5
1,231.0
1,193.9
1,390.8
1,438.6
1,478.2
1,336.7
1,477.5
1,484.6
1,528.7
1,480.4
1,634.6
1,432.9
1,680.3
1,691.9
1,364.6
2,180.9
2,232.7
1,454.1
1,794.3
1,640.2
1,594.3
1,705.5
1,989.6
1,818.7
1,491.6
1,220.0
1,348.2
1,732.8
1,736.9
1,387.9
1,549.5
1,332.8
1,594.8
1,344.4
1,627.0
1,554.6
1,671.6
1,482.4
1,512.1
1,726.9
1,731.3
1,634.8
1,683.9
1,481.3
1,759.4
1,624.1
2,050.1
2,074.9
1,693.7
1,753.1
1,807.9
1,785.9
2,169.4
1,610.7
1,560.8
1,934.1
1,532.3
1,641.7
1,532.6
1,697.1
1,352.5
1,546.3
1,397.2
1,371.9
1,858.8
1,747.2
1,521.5
1,888.8
1,847.4
1,551.6
1,519.8
1,301.5
227.5
318.6
385.6
410.8
323.5
179.4
271.3
184.4
324.8
576.7
517.8
519.7
405.4
137.9
100.0
286.3
320.7
357.2
221.6
334.9
297.7
326.9
265.4
558.8
340.0
561.6
578.6
250.3
904.7
927.2
301.5
578.1
422.3
374.1
494.5
701.3
549.8
335.6
60.6
188.9
548.9
551.4
193.5
350.3
123.7
373.2
111.1
433.2
353.9
466.6
276.1
276.3
495.8
513.0
345.9
409.8
221.1
471.2
335.3
485.0
693.2
411.3
441.6
459.1
427.0
674.2
237.4
194.0
536.5
89.8
173.3
289.7
457.3
104.3
285.2
110.3
71.3
526.5
381.7
127.1
499.4
435.6
155.7
273.8
58.7
1,151.7
1,107.8
1,093.1
1,093.9
1,070.8
1,110.3
1,117.4
1,130.4
1,128.7
1,136.4
1,080.8
1,075.8
1,082.1
1,093.1
1,093.9
1,104.4
1,117.9
1,120.9
1,115.1
1,142.6
1,186.9
1,201.8
1,215.0
1,075.8
1,092.9
1,118.7
1,113.3
1,114.3
1,276.2
1,305.5
1,152.6
1,216.2
1,217.9
1,220.2
1,211.0
1,288.4
1,269.0
1,156.1
1,159.4
1,159.2
1,183.9
1,185.5
1,194.4
1,199.2
1,209.1
1,221.6
1,233.3
1,193.8
1,200.7
1,204.9
1,206.3
1,235.8
1,231.1
1,218.3
1,289.0
1,274.2
1,260.1
1,288.2
1,288.8
1,565.1
1,381.7
1,282.4
1,311.5
1,348.8
1,358.9
1,495.2
1,373.3
1,366.8
1,397.6
1,442.4
1,468.5
1,242.9
1,239.8
1,248.2
1,261.1
1,286.9
1,300.7
1,332.4
1,365.5
1,394.4
1,389.4
1,411.8
1,395.9
1,246.0
1,242.8
Subtotal
(c)
142.3
361.1
240.2
176.4
207.3
167.2
198.6
229.7
198.8
184.5
241.4
174.8
197.4
200.7
233.6
208.2
227.5
217.6
197.6
234.1
203.7
229.7
296.9
225.6
351.2
362.2
375.7
331.0
542.3
474.4
362.6
353.0
354.3
408.1
421.2
405.4
431.7
368.1
352.3
1,578.0
1,986.7
1,440.1
972.5
813.8
814.1
766.3
942.9
450.8
488.2
435.7
550.0
572.4
607.2
972.3
585.2
1,320.3
1,969.4
1,080.1
1,112.6
1,240.0
1,779.1
1,023.1
993.8
777.4
875.6
1,037.4
752.6
1,205.0
1,311.3
754.1
899.0
818.3
801.4
858.0
860.6
769.9
747.7
798.7
817.8
836.3
757.6
794.1
965.6
1,289.4
827.4
Pasivos
Monetarios 2/
No monetarios
Subtotal Depsitos Efectivo Subtotal Operaciones de Otros
en el
en caja
contraccin
4/
B de la R
3/
(d)
(e)
118.8
141.1
166.4
152.6
176.6
139.4
175.9
155.1
177.8
166.4
195.2
167.2
158.7
166.4
214.0
180.6
204.2
183.4
158.3
187.0
162.3
172.4
175.3
201.5
190.1
199.2
273.9
211.7
214.6
197.3
215.3
223.3
230.3
262.6
225.4
217.9
253.4
236.0
243.7
352.1
311.9
291.4
363.1
289.1
368.0
347.8
372.2
363.9
393.1
373.9
405.3
467.6
480.6
474.7
422.2
460.0
664.6
787.6
830.1
688.8
637.9
659.4
671.2
629.7
613.4
687.3
647.8
702.4
621.6
622.1
607.7
678.8
670.2
638.7
642.6
591.6
599.1
645.5
625.3
623.4
597.5
575.7
590.9
747.1
634.5
109.1
131.8
155.3
138.1
163.5
129.4
165.8
146.4
170.2
154.7
186.3
159.2
147.8
154.8
203.1
165.8
188.1
168.8
143.6
170.8
146.5
154.3
153.7
179.1
172.8
173.0
254.6
180.9
190.2
165.0
182.0
195.5
198.2
228.2
193.0
178.1
220.0
206.5
212.2
321.5
278.4
255.5
327.1
261.9
332.4
306.1
326.5
321.3
352.0
333.5
366.9
429.2
438.2
422.4
355.4
379.8
606.0
726.7
768.1
624.0
589.4
593.9
609.3
564.0
548.7
630.5
593.8
648.9
558.9
568.0
539.3
610.4
593.2
561.1
570.1
521.0
528.3
561.2
540.6
551.3
518.6
483.1
497.8
651.1
527.5
9.7
9.3
11.1
14.5
13.2
10.0
10.1
8.7
7.6
11.7
8.9
8.0
10.9
11.6
11.0
14.8
16.1
14.6
14.6
16.2
15.8
18.1
21.6
22.4
17.3
26.2
19.3
30.8
24.4
32.3
33.4
27.8
32.1
34.4
32.4
39.8
33.4
29.5
31.5
30.6
33.5
35.9
35.9
27.1
35.6
41.7
45.7
42.6
41.0
40.4
38.4
38.4
42.4
52.3
66.7
80.2
58.6
60.8
62.0
64.8
48.4
65.5
61.8
65.6
64.8
56.8
54.0
53.5
62.7
54.1
68.5
68.4
77.0
77.6
72.5
70.6
70.8
84.4
84.8
72.1
78.9
92.7
93.1
96.0
106.9
23.5
220.0
73.7
23.8
30.7
27.7
22.7
74.6
21.0
18.1
46.2
7.6
38.7
34.3
19.6
27.6
23.3
34.2
39.3
47.1
41.4
57.4
121.6
24.1
161.0
162.9
101.8
119.2
327.7
277.2
147.2
129.6
124.0
145.5
195.8
187.5
178.3
132.1
108.7
1,225.9
1,674.8
1,148.7
609.5
524.8
446.1
418.5
570.7
86.8
95.1
61.8
144.8
104.8
126.6
497.6
163.0
860.3
1,304.8
292.5
282.5
551.2
1,141.2
363.7
322.7
147.7
262.2
350.0
104.8
502.6
689.7
132.0
291.2
139.5
131.2
219.2
218.0
178.3
148.7
153.2
192.5
212.9
160.1
218.4
374.8
542.3
192.9
0.0
167.0
22.1
0.0
0.0
6.0
1.6
54.6
0.0
5.0
19.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1,128.9
1,611.3
1,110.2
511.7
449.4
336.7
341.2
503.3
39.2
31.7
11.5
48.3
21.1
73.4
436.4
36.1
801.6
1,216.3
180.2
215.7
248.4
963.5
281.2
199.0
60.0
187.6
102.4
15.4
367.3
592.9
30.7
204.7
83.6
36.9
85.0
131.8
70.0
40.4
25.9
60.7
28.7
24.2
77.7
243.2
445.0
56.9
23.5
53.0
51.6
23.8
30.7
21.7
21.1
20.0
21.0
13.1
27.2
7.6
38.7
34.3
19.6
27.6
23.3
34.2
39.3
47.1
41.4
57.4
121.6
24.1
161.0
162.9
101.8
119.2
327.7
277.2
147.2
129.6
124.0
145.5
195.8
187.5
178.3
132.1
108.7
97.0
63.5
38.5
97.8
75.4
109.4
77.3
67.4
47.6
63.5
50.4
96.5
83.7
53.2
61.3
126.9
58.7
88.5
112.3
66.8
302.8
177.7
82.5
123.6
87.7
74.6
247.6
89.4
135.3
96.8
101.3
86.6
55.9
94.3
134.2
86.2
108.4
108.2
127.3
131.8
184.2
135.8
140.7
131.5
97.3
135.9
(a) = (b) - (c); (c) = (d) + (e).

1/ Cupos con recursos de lneas externas. Incluye adems compras de ttulos de Fogafin que estaban en poder del sistema financiero y fondos de reservas pensionales trasladadas
del Banco de la Repblica a entidades fiduciarias.
2/ Incluye CF, CFC, cooperativas de orden superior, cooperativas financieras, sociedades fiduciarias, Findeter y FEN.
3/ A partir de abril de 2007 corresponde a los depsitos remunerados no constitutivos de encjae.
3/ Incluye depsitos en moneda extranjera.
1.12 Banco de la Repblica. Pasivos con el sector privado (*)

Fin de:
Total
Subtotal
2004
2005
2006
2007
2008
2009
2010
2011
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
Feb.
Mar.
Abr.
May.
Jun.
Jul.
Ago.
Sep.
Oct.
Nov.
Dic.
Ene.
(a)
(b)
10,950.7
10,599.7
10,735.6
10,393.2
10,392.4
11,356.0
10,860.7
10,549.4
10,885.4
10,957.2
11,369.4
13,845.0
12,528.7
12,173.2
12,415.5
12,173.8
12,219.6
13,274.4
12,870.2
13,095.6
12,927.9
13,279.5
14,350.6
16,318.8
14,940.4
14,582.8
14,867.7
15,024.3
15,743.3
16,496.4
16,580.8
16,892.7
16,693.5
16,692.5
17,840.6
20,090.0
18,474.2
18,211.7
17,609.9
17,505.6
17,983.1
18,308.7
18,038.9
18,275.1
18,341.6
19,462.6
19,874.4
22,928.5
22,012.0
19,988.6
19,417.0
19,609.1
19,067.2
19,699.1
19,945.3
19,645.1
19,884.7
20,568.2
20,812.2
24,235.3
22,215.7
21,737.8
21,377.9
21,401.7
20,872.9
21,317.1
21,411.1
20,728.7
21,471.1
21,050.3
21,619.0
25,809.5
23,402.1
22,640.4
23,332.0
22,782.4
22,703.5
24,796.5
23,990.2
23,546.4
24,170.3
24,112.8
24,736.6
29,781.9
27,146.4
10,946.8
10,595.7
10,729.5
10,388.9
10,390.1
11,351.3
10,855.4
10,547.6
10,881.4
10,952.5
11,366.3
13,836.2
12,526.5
12,170.6
12,412.5
12,170.0
12,215.6
13,267.8
12,864.3
13,090.0
12,922.2
13,276.2
14,346.6
16,308.9
14,938.3
14,580.1
14,863.0
15,018.6
15,740.1
16,490.6
16,577.3
16,887.6
16,687.6
16,689.0
17,830.6
20,076.5
18,466.4
18,205.1
17,602.2
17,502.3
17,902.9
18,193.5
17,863.5
17,940.1
17,940.2
19,020.0
19,404.7
22,340.0
20,755.8
19,613.4
19,118.8
19,330.8
18,805.1
19,370.3
19,669.0
19,328.3
19,476.0
20,491.2
20,755.6
24,208.2
22,193.5
21,724.6
21,371.4
21,384.1
20,861.0
21,308.6
21,400.6
20,720.4
21,462.3
21,040.8
21,608.4
25,789.5
23,394.3
22,632.1
23,325.4
22,769.9
22,699.0
24,790.6
23,980.0
23,540.9
24,163.6
24,105.2
24,732.7
29,769.5
27,142.8
Monetarios
Billetes en
Poder
Circulacin
del pblico
1/
(c)
(d)
10,941.0
10,590.1
10,728.1
10,384.4
10,387.4
11,346.9
10,850.0
10,544.0
10,879.1
10,947.7
11,355.8
13,827.6
12,522.2
12,167.7
12,410.2
12,165.0
12,213.2
13,263.6
12,858.3
13,087.9
12,917.3
13,274.4
14,344.1
16,301.3
14,928.5
14,574.1
14,858.6
15,014.0
15,738.2
16,482.9
16,573.7
16,886.8
16,687.1
16,685.0
17,824.8
20,074.4
18,464.7
18,204.0
17,601.5
17,497.2
17,901.2
18,190.3
17,853.8
17,939.0
17,939.3
19,018.9
19,402.4
22,337.6
20,753.7
19,612.5
19,116.4
19,330.1
18,804.3
19,368.3
19,664.9
19,322.3
19,473.2
20,490.3
20,753.0
24,203.7
22,189.5
21,721.9
21,368.5
21,382.7
20,857.5
21,302.8
21,396.8
20,714.7
21,455.7
21,037.6
21,601.7
25,783.2
23,383.2
22,626.2
23,319.4
22,765.2
22,694.7
24,779.1
23,930.6
23,499.6
24,134.1
24,073.0
24,691.5
29,731.8
27,104.2
13,287.7
12,848.9
12,880.2
12,639.1
12,775.3
13,541.8
13,371.7
13,084.0
13,053.7
13,314.3
13,970.9
16,712.7
15,295.8
14,841.0
15,051.2
14,688.1
14,913.4
15,871.9
15,776.3
15,630.5
15,641.5
16,165.3
17,222.0
19,646.4
18,150.1
17,755.7
17,818.6
18,198.4
18,689.4
19,915.8
20,123.9
20,148.2
20,084.8
20,275.5
21,349.8
24,470.9
22,032.4
21,474.6
21,478.0
21,211.5
21,635.1
22,327.0
22,081.2
21,859.1
22,051.2
22,945.9
23,900.2
27,482.2
25,277.0
24,189.3
24,308.3
23,651.9
23,694.6
24,437.3
24,529.1
24,337.1
24,595.2
25,634.2
26,584.3
30,439.3
28,031.1
27,483.6
27,096.3
26,990.4
26,608.8
27,146.7
27,212.5
26,534.0
26,434.8
26,634.4
27,908.6
32,306.8
29,640.2
28,753.7
29,409.9
28,666.1
28,859.3
30,693.6
30,222.8
29,902.0
29,870.4
30,230.4
31,464.9
36,711.6
34,427.2
No monetarios
Caja del
sistema
financiero
1/
(e)
2,346.7
2,258.7
2,152.1
2,254.7
2,387.9
2,194.9
2,521.8
2,540.0
2,174.6
2,366.6
2,615.1
2,885.1
2,773.6
2,673.3
2,641.0
2,523.1
2,700.1
2,608.3
2,918.1
2,542.6
2,724.1
2,890.9
2,878.0
3,345.1
3,221.5
3,181.6
2,960.0
3,184.3
2,951.3
3,432.8
3,550.2
3,261.4
3,397.7
3,590.4
3,525.0
4,396.5
3,567.7
3,270.6
3,876.4
3,714.3
3,733.9
4,136.7
4,227.4
3,920.1
4,111.9
3,927.0
4,497.8
5,144.6
4,523.4
4,576.8
5,191.9
4,321.8
4,890.3
5,069.0
4,864.1
5,014.7
5,122.1
5,143.9
5,831.3
6,235.7
5,841.6
5,761.7
5,727.7
5,607.7
5,751.2
5,843.9
5,815.7
5,819.3
4,979.0
5,596.8
6,306.9
6,523.6
6,257.0
6,127.5
6,090.6
5,901.0
6,164.6
5,914.6
6,292.2
6,402.4
5,736.4
6,157.4
6,773.4
6,979.8
7,323.1
Depsitos
en el Banco
de la
Repblica
(f)
5.8
5.5
1.4
4.5
2.7
4.4
5.5
3.5
2.3
4.9
10.6
8.6
4.3
3.0
2.3
5.0
2.4
4.2
6.0
2.2
4.9
1.8
2.5
7.5
9.7
6.0
4.4
4.5
1.9
7.7
3.7
0.8
0.4
4.0
5.8
2.2
1.7
1.0
0.7
5.1
1.7
3.1
9.7
1.1
0.9
1.1
2.3
2.4
2.1
0.9
2.4
0.6
0.8
2.1
4.0
6.0
2.9
0.9
2.6
4.6
4.0
2.7
2.9
1.4
3.5
5.8
3.8
5.7
6.6
3.3
6.7
6.3
11.0
5.9
6.0
4.7
4.3
11.5
49.4
41.2
29.5
32.2
41.2
37.7
38.6
(g)
4.0
4.0
6.1
4.3
2.3
4.7
5.3
1.8
4.0
4.7
3.1
8.9
2.2
2.5
3.1
3.8
3.9
6.6
5.9
5.6
5.6
3.3
4.0
10.0
2.1
2.7
4.7
5.7
3.3
5.8
3.4
5.1
5.9
3.5
10.0
13.5
7.7
6.6
7.7
3.3
80.3
115.2
175.5
335.0
401.4
442.6
469.7
588.5
1,256.2
375.2
298.2
278.3
262.1
328.8
276.3
316.8
408.7
77.0
56.6
27.1
22.2
13.2
6.5
17.6
11.9
8.5
10.5
8.3
8.8
9.5
10.6
20.1
7.8
8.3
6.6
12.5
4.5
5.9
10.2
5.6
6.7
7.6
3.9
12.4
3.6
(a) = (b) + (g); (b) = (c) + (f); (c) = (d) - (e).

1/ Debido a la inclusin de nuevas entidades financieras y cuentas de depsito, estas series se reprocesaron, modificando el subtotal de monetarios, y el
total de los pasivos del Banco de la Repblica con el sector privado.
(*) Vase nota metodolgica: "Redefinicin de los principales agregados monetarios", Revista del Banco de la Repblica, No. 812, junio de 1995.

Estadisticas Monetarias

Hochgeladen von

Dokumentinformationen

Originaltitel

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

Estadisticas Monetarias

Hochgeladen von

Copyright:

Verfügbare Formate

1.

1 Base monetaria (*)

Reserva para encaje

(a) = (b) + (c).

1.2 Medios de pago (M1) (*)

(a) = (b) + (h); (b) = (c) + (d) - (e) - (f) + (g).

1.3 Origen de la base monetaria 1/

Activos del Banco de la Repblica 2/

1.4 Multiplicador monetario (*)

1.5 Oferta monetaria ampliada

Pasivos sujetos a encaje 2/

1.6 Principales activos financieros

(a) = (b) + (c) + (d) + (e).

1.7 Banco de la Repblica. Resumen de activos 1/

1.8 Banco de la Repblica. Resumen de pasivos y patrimonio 1/

1.9 Banco de la Repblica. Principales activos y pasivos con el Gobierno Nacional

(Miles de millones de pesos)

(a) = (b) - (c).

1.10 Banco de la Repblica. Principales activos y pasivos

1.11 Banco de la Repblica. Principales activos y pasivos

(a) = (b) - (c); (c) = (d) + (e).

1.12 Banco de la Repblica. Pasivos con el sector privado (*)

(a) = (b) + (g); (b) = (c) + (f); (c) = (d) - (e).

Das könnte Ihnen auch gefallen