BOGOTA, Colombia--(BUSINESS WIRE)--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.
The full report 'Demand Gap To Continue to Narrow' Colombia Electricity Sector is available at 'www.fitchratings.com'.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: Colombian Electricity Sector (Demand Gap to Continue to Narrow)