FLUJOS MACROECONMICOS

(Porcentaje del PBI)

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

AHORRO-INVERSIN
Ahorro Interno
Sector pblico
Sector privado
Ahorro externo
Inversin
Sector pblico
Sector privado

18.7
4.3
14.4
-2.6
16.1
4.4
11.6

16.8
3.3
13.6
0.9
17.8
4.5
13.3

15.6
2.3
13.3
0.8
16.4
4.8
11.7

18.6
1.6
16.9
2.9
21.4
5.4
16.0

18.6
2.6
16.0
7.9
26.4
8.2
18.2

14.2
0.1
14.2
11.2
25.4
8.7
16.7

14.9
-1.2
16.1
8.2
23.1
8.3
14.8

14.9
-2.8
17.8
6.5
21.5
6.4
15.1

19.4
-0.8
20.1
1.5
20.9
5.5
15.4

29.1
4.9
24.2
-6.9
22.2
5.4
16.8

26.3
2.9
23.4
2.2
28.5
7.0
21.5

22.6
0.5
22.2
10.3
33.0
8.6
24.4

23.7
-0.1
23.9
9.5
33.2
9.8
23.4

18.5
-2.6
21.0
6.2
24.7
9.6
15.1

20.0
0.6
19.4
1.6
21.6
8.8
12.8

18.8
2.9
15.9
0.5
19.3
6.9
12.3

13.7
-1.4
15.1
6.9
20.6
6.0
14.7

13.3
-5.0
18.3
7.4
20.7
4.9
15.8

14.4
-7.3
21.6
8.0
22.3
4.1
18.3

16.3
-6.8
23.1
2.3
18.6
4.1
14.4

11.6
-5.5
17.1
4.9
16.5
3.2
13.2

12.8
0.7
12.1
4.5
17.3
3.5
13.8

12.0
0.7
11.3
5.3
17.3
4.1
13.2

12.2
2.1
10.1
7.1
19.3
4.6
14.7

16.1
2.9
13.2
6.1
22.2
4.8
17.4

16.2
2.3
13.9
8.6
24.8
4.7
20.1

16.3
3.8
12.5
6.5
22.8
4.3
18.6

18.4
5.1
13.3
5.7
24.1
4.4
19.7

17.7
3.8
13.9
5.9
23.6
4.5
19.1

18.4
1.7
16.7
2.7
21.1
4.8
16.3

17.3
0.8
16.5
2.9
20.2
4.0
16.2

16.5
0.5
16.0
2.2
18.8
3.1
15.7

16.4
0.7
15.7
2.0
18.4
2.8
15.6

16.9
1.2
15.7
1.5
18.4
2.8
15.6

18.0
1.7
16.3
-0.1
17.9
2.7
15.2

19.3
2.6
16.8
-1.5
17.9
2.9
15.0

23.2
5.5
17.7
-3.2
20.0
3.1
17.0

24.3
6.3
17.9
-1.4
22.8
3.4
19.5

22.7
6.8
15.9
4.2
26.9
4.3
22.6

20.1
4.6
15.5
0.6
20.7
5.2
15.5

22.8
6.0
16.8
2.5
25.3
5.9
19.4

23.4
7.2
16.2
1.9
25.3
4.5
20.8

23.2
7.8
15.4
3.6
26.8
5.2
21.6

BALANZA DE PAGOS
Balanza en cuenta corriente
Balanza comercial
Servicios
Renta de factores
Transferencias corrientes
Cuenta financiera
Sector privado
Sector pblico
Capitales de corto plazo
Financiamiento excepcional
Flujo de reservas netas del BCRP (-)
Errores y omisiones netos

2.6
5.3
-1.3
-2.7
1.3
0.7
-1.2
1.6
0.3
0.0
-2.9
-0.4

-0.9
2.3
-1.5
-2.2
0.6
-1.6
-0.6
0.2
-1.2
0.0
0.4
2.1

-0.8
1.7
-1.1
-1.9
0.5
1.8
-0.1
1.5
0.3
0.0
-1.8
0.9

-2.9
0.8
-1.4
-2.8
0.4
3.6
0.7
3.3
-0.5
0.0
-1.0
0.2

-7.9
-3.4
-2.1
-2.8
0.4
9.8
1.7
6.0
2.1
0.0
-2.4
0.4

-11.2
-7.8
-1.7
-2.3
0.6
9.6
2.4
5.7
1.5
0.0
2.9
-1.3

-8.2
-5.0
-0.8
-3.0
0.6
5.7
1.5
3.3
0.9
0.0
4.3
-1.8

-6.5
-3.3
-0.2
-3.8
0.8
6.0
0.6
5.3
0.1
0.0
2.4
-1.9

-1.5
3.4
-0.2
-6.0
1.2
2.0
0.4
3.8
-2.2
2.1
1.0
-3.5

6.9
12.7
-0.2
-6.7
1.1
-0.7
0.9
4.5
-6.0
3.9
-7.3
-2.7

-2.2
4.8
-1.7
-5.7
0.4
4.8
0.5
0.0
4.2
2.0
-5.9
1.3

-10.3
-2.2
-3.1
-5.4
0.4
0.9
1.1
1.1
-1.3
0.4
3.2
5.9

-9.5
-1.7
-2.8
-5.3
0.4
7.6
1.3
4.1
2.2
0.5
-0.6
2.0

-6.2
1.8
-1.5
-7.2
0.7
-1.4
-0.5
1.8
-2.8
6.9
0.1
0.6

-1.6
5.8
-1.4
-6.6
0.6
-7.4
-1.4
-2.8
-3.2
9.6
-1.3
0.6

-0.5
7.9
-1.5
-7.5
0.6
-8.8
-1.2
-3.9
-3.7
10.5
-3.9
2.7

-6.9
-0.4
-1.6
-5.5
0.5
-4.4
-0.1
-4.2
0.0
8.6
2.6
0.0

-7.4
-1.8
-1.3
-4.7
0.4
-4.6
-0.2
-3.2
-1.3
7.8
4.1
0.1

-8.0
-0.6
-1.4
-6.6
0.7
-7.6
-0.1
-4.9
-2.7
11.0
2.6
2.0

-2.3
4.7
-1.2
-6.5
0.7
-4.8
-0.1
-3.1
-1.7
9.5
-2.1
-0.3

-4.9
1.2
-1.2
-5.8
0.9
-2.4
0.2
-3.6
1.0
8.3
0.1
-1.0

-4.5
-0.6
-1.2
-4.0
1.4
-0.2
0.4
-0.4
-0.2
4.1
2.3
2.9

-5.3
-1.2
-1.5
-3.8
1.3
1.7
0.0
-1.1
2.8
4.1
2.0
1.4

-7.1
-2.2
-1.6
-4.8
1.5
5.1
3.7
1.0
0.4
2.2
1.9
1.7

-6.1
-2.4
-1.1
-4.4
1.8
8.6
8.9
-0.6
0.3
3.4
6.7
0.8

-8.6
-4.2
-1.4
-4.6
1.5
7.0
5.7
-0.3
1.6
2.8
1.7
0.5

-6.5
-3.5
-1.2
-3.4
1.6
7.0
7.8
-0.7
0.0
1.6
3.5
1.3

-5.7
-2.9
-1.3
-3.1
1.6
9.8
4.8
0.9
4.2
-1.2
2.9
0.0

-5.9
-4.3
-1.2
-2.1
1.7
3.1
3.2
0.1
-0.1
0.4
-1.8
0.5

-2.7
-1.2
-1.1
-2.2
1.8
1.1
3.3
0.7
-2.9
0.0
-1.5
0.0

-2.9
-0.8
-1.4
-2.6
1.9
1.9
2.8
0.5
-1.4
-0.1
-0.4
0.7

-2.2
-0.3
-1.8
-2.0
1.9
2.9
1.8
0.7
0.4
0.0
0.8
0.2

-2.0
0.6
-1.7
-2.6
1.8
3.2
2.7
1.9
-1.4
0.0
1.5
0.2

-1.5
1.4
-1.5
-3.5
2.0
1.0
0.5
0.3
0.2
0.1
0.8
1.2

0.1
4.3
-1.0
-5.2
2.1
3.0
1.4
1.3
0.3
0.0
3.4
0.2

1.5
6.7
-1.1
-6.4
2.2
0.2
1.1
-0.6
-0.3
0.1
2.1
0.2

3.2
9.7
-0.8
-8.1
2.4
0.4
2.7
-1.0
-1.3
0.0
3.0
-0.6

1.4
7.9
-1.1
-7.7
2.3
8.0
7.6
-1.5
1.9
0.1
9.0
-0.5

-4.2
2.0
-1.6
-6.9
2.3
6.7
7.5
-1.3
0.4
0.0
2.5
-0.1

-0.6
4.7
-0.9
-6.6
2.3
1.9
3.3
0.2
-1.6
0.0
0.8
-0.5

-2.5
4.4
-1.5
-7.3
2.0
8.8
7.4
1.6
-0.2
0.0
7.3
0.9

-1.9
5.3
-1.2
-7.8
1.8
5.4
5.7
0.5
-0.7
0.0
2.7
-0.9

-3.6
2.3
-1.1
-6.4
1.7
10.1
8.1
0.8
1.1
0.0
7.4
0.9

SECTOR PBLICO NO FINANCIERO

Ahorro en cuenta corriente
Ingresos de capital
Gasto de capital
Inversin pblica
Otros gastos de capital
Resultado econmico
Financiamiento
Financiamiento externo
Financiamiento interno
Privatizacin

4.3
0.6
5.8
4.4
1.3
-0.8
0.8
1.2
-0.4
0.0

3.3
0.8
5.5
4.5
1.0
-1.4
1.4
0.3
1.1
0.0

2.3
0.5
5.6
4.8
0.9
-2.8
2.8
1.6
1.2
0.0

1.6
0.3
6.5
5.4
1.1
-4.5
4.5
3.1
1.4
0.0

2.6
0.5
9.9
8.2
1.7
-6.9
6.9
4.6
2.2
0.0

0.1
0.1
9.6
8.7
1.0
-9.5
9.5
4.9
4.6
0.0

-1.2
0.2
9.3
8.3
1.0
-10.3
10.3
3.6
6.7
0.0

-2.8
0.1
7.1
6.4
0.7
-9.8
9.8
4.8
5.0
0.0

-0.8
0.4
5.7
5.5
0.3
-6.1
6.1
2.1
4.0
0.0

4.9
0.1
6.0
5.4
0.6
-1.1
1.1
2.6
-1.5
0.0

2.9
0.7
8.1
7.0
1.1
-4.5
4.5
1.9
2.6
0.0

0.5
0.9
9.3
8.6
0.7
-8.0
8.0
2.0
6.0
0.0

-0.1
1.4
10.0
9.8
0.2
-8.7
8.7
6.8
1.9
0.0

-2.6
1.0
9.7
9.6
0.1
-11.3
11.3
6.4
4.9
0.0

0.6
0.9
9.1
8.8
0.3
-7.6
7.6
5.7
1.9
0.0

2.9
0.7
7.2
6.9
0.2
-3.6
3.6
5.5
-1.9
0.0

-1.4
0.4
6.4
6.0
0.4
-7.4
7.4
4.2
3.3
0.0

-5.0
0.4
5.5
4.9
0.6
-10.0
10.0
3.6
6.5
0.0

-7.3
0.2
4.8
4.1
0.7
-11.8
11.8
5.0
6.7
0.0

-6.8
0.4
4.5
4.1
0.4
-10.9
10.9
5.6
5.4
0.0

-5.5
0.1
3.3
3.2
0.1
-8.7
8.7
6.3
2.5
0.0

0.7
0.3
3.8
3.5
0.4
-2.9
2.9
4.2
-1.3
0.0

0.7
0.3
4.9
4.1
0.8
-3.9
3.9
3.2
0.5
0.2

2.1
0.1
5.3
4.6
0.7
-3.1
3.1
3.0
-0.4
0.4

2.9
0.1
5.9
4.8
1.1
-2.8
2.8
2.4
-4.7
5.1

2.3
0.0
5.5
4.7
0.8
-3.2
3.2
2.5
-1.1
1.8

3.8
0.1
5.0
4.3
0.8
-1.1
1.1
0.8
-3.6
3.9

5.1
0.0
5.1
4.4
0.7
0.1
-0.1
-0.4
-0.6
0.9

3.8
0.1
5.0
4.5
0.4
-1.0
1.0
0.4
0.1
0.5

1.7
0.1
5.0
4.8
0.2
-3.2
3.2
-0.2
2.7
0.8

0.8
0.1
4.1
4.0
0.2
-3.2
3.2
1.2
1.2
0.8

0.5
0.1
3.3
3.1
0.2
-2.7
2.7
0.9
1.1
0.6

0.7
0.1
3.0
2.8
0.2
-2.2
2.2
2.1
-0.6
0.8

1.2
0.1
3.0
2.8
0.2
-1.7
1.7
1.4
0.2
0.1

1.7
0.1
2.9
2.7
0.2
-1.1
1.1
1.5
-0.6
0.2

2.6
0.1
3.0
2.9
0.1
-0.3
0.3
-1.5
1.7
0.1

5.5
0.2
3.3
3.1
0.2
2.3
-2.3
-0.6
-1.8
0.1

6.3
0.1
3.5
3.4
0.2
2.9
-2.9
-1.9
-1.1
0.1

6.8
0.1
4.5
4.4
0.1
2.4
-2.4
-0.9
-1.5
0.0

4.6
0.1
6.0
5.6
0.4
-1.3
1.3
1.1
0.2
0.0

6.0
0.1
6.4
5.9
0.4
-0.2
0.2
-0.5
0.6
0.1

7.2
0.1
5.3
5.0
0.3
2.0
-2.0
0.2
-2.2
0.0

7.8
0.1
5.7
5.4
0.3
2.2
-2.2
-0.3
-1.9
0.0

Fuente: BCRP.
Elaboracin: Gerencia de Estudios Econmicos