Banco de la República, gif (4471 bytes)


Money growth


At the end of the first quarter of year 2000, the money supply reached Col. $11.8 trillion with an annual variation of 35.4%. This behavior is explained by the recovery of current accounts and cash holdings which registered an annual growth of 42.8% and 26.2% respectively.

MONEY GROWTH (M1)
Annual Variation

I1P11001.GIF (5775 bytes)


MONEY GROWTH
(Annual Variation %)

END OF
QUARTER

1989

1990

1991

1992

1993

1994

1

25.8

28.1

24.1

33.7

34.0

37.4

2

27.3

26.0

25.5

44.1

30.4

30.4

3

26.0

29.4

29.7

35.5

36.6

30.0

4

28.9

25.2

31.7

41.0

30.0

25.3

END OF
QUARTER

1995

1996

1997

1998

1999 pr

   2000 pr

1

19.4

19.3

14.9

12.2

-1.7

35.4

2

17.9

15.6

22.5

2.2

6.3

34.1

3

13.1

15.3

20.4

0.9

11.3

34.4

4

20.2

16.5

21.7

-3.9

 22.1

 

pr: Preliminary.
Source
: Banco de la República - Economic studies.