Fitch Ratings expects electric demand in Colombia to continue to lag real gross domestic product (GDP) growth albeit with a shrinking gap over the short to medium term. This is due to low industrial electricity consumption as a percentage of total demand. Over the past decade, while real GDP growth averaged 4.4%, electricity demand grew at 3%. In 2014, GDP growth was 4.7%, which is slightly above the 4.4% growth in electricity demand.
Research & Analysis
Fitch: Colombian electric demand continues to lag GDP growth
Fitch Ratings expects electric demand in Colombia to continue to lag real gross domestic product (GDP) growth albeit with a shrinking gap over the short to medium term. This is due to low industrial electricity consumpti…
Related articles
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Mexico's equity market presents a compelling opportunity for long-term investors, despite political and economic challenges. Significant undervaluation compared to global peers and historical benchmarks has created an at…
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
Moody's Investors Service (NYSE:MCO) raised Argentina's long-term foreign currency credit rating to "Caa3" from "Ca," citing the government's robust economic policies under libertarian President Javier Milei. This marks …
Urban studies: Doing research when every city is different
Urban studies is sometimes considered a loosely defined interdisciplinary academic domain, lacking the scientific rigour needed to understand cities. In Canada, urban studies is a little more than 50 years old; a young f…


