Key Market Indicators
Colombia's electricity generation is projected to climb to 98 terawatt-hours by 2028, up from approximately 91 terawatt-hours in 2023. This increase represents an average annual growth rate of 1.2%. Historical data shows that Colombian electricity supply has been on an upward trajectory, growing by an average of 3% annually since 1990. In the global rankings for 2023, Colombia secured the 40th position, with neighboring Chile slightly ahead, also generating around 91 terawatt-hours. Leading the global rankings, the United States, India, and Russia held the second, third, and fourth spots, respectively.