Please answer the given financial question based on the context.
Context: increase . in north america , contract generation segment revenues increased $ 46 million . in the caribbean ( which includes venezuela and colombia ) , contract generation segment revenues increased $ 11 million , and this was due to a full year of operations at merida iii offset by a lower capacity factor at los mina . competitive supply revenues increased $ 300 million or 13% ( 13 % ) to $ 2.7 billion in 2001 from $ 2.4 billion in 2000 . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , competitive supply revenues increased 3% ( 3 % ) to $ 2.4 billion in 2001 . the most significant increases occurred within north america and the caribbean . slight increases were recorded within south america and asia . europe/africa reported a slight decrease due to lower pool prices in the u.k . offset by the start of commercial operations at fifoots and the acquisition of ottana . in north america , competitive supply segment revenues increased $ 184 million due primarily to an expanded customer base at new energy as well as increased operations at placerita . these increases in north america were offset by lower market prices at our new york businesses . in the caribbean , competitive supply segment revenues increased $ 123 million due primarily to the acquisition of chivor . large utility revenues increased $ 300 million , or 14% ( 14 % ) to $ 2.4 billion in 2001 from $ 2.1 billion in 2000 , principally resulting from the addition of revenues attributable to businesses acquired during 2001 or 2000 . excluding businesses acquired in 2001 and 2000 , large utility revenues increased 1% ( 1 % ) to $ 1.6 billion in 2001 . the majority of the increase occurred within the caribbean , and there was a slight increase in north america . in the caribbean , revenues increased $ 312 million due to a full year of revenues from edc , which was acquired in june 2000 . growth distribution revenues increased $ 400 million , or 31% ( 31 % ) to $ 1.7 billion in 2001 from $ 1.3 billion in 2000 . excluding businesses acquired in 2001 or 2000 , growth distribution revenues increased 20% ( 20 % ) to $ 1.3 billion in 2001 . revenues increased most significantly in the caribbean and to a lesser extent in south america and europe/africa . revenues decreased slightly in asia . in the caribbean , growth distribution segment revenues increased $ 296 million due primarily to a full year of operations at caess , which was acquired in 2000 and improved operations at ede este . in south america , growth distribution segment revenues increased $ 89 million due to the significant revenues at sul from our settlement with the brazilian government offset by declines in revenues at our argentine distribution businesses . the settlement with the brazilian government confirmed the sales price that sul would receive from its sales into the southeast market ( where rationing occurred ) under its itaipu contract . in europe/africa , growth distribution segment revenues increased $ 59 million from the acquisition of sonel . in asia , growth distribution segment revenues decreased $ 33 million mainly due to the change in the way in which we are accounting for our investment in cesco . cesco was previously consolidated but was changed to equity method during 2001 when the company was removed from management and the board of directors . this decline was partially offset by the increase in revenues from the distribution businesses that we acquired in the ukraine . aes is a global power company which operates in 29 countries around the world . the breakdown of aes 2019s revenues for the years ended december 31 , 2001 and 2000 , based on the geographic region in which they were earned , is set forth below . a more detailed breakdown by country can be found in note 16 of the consolidated financial statements. .
||2001|2000|% (  % ) change|
|north america|$ 3.6 billion|$ 3.4 billion|6% ( 6 % )|
|south america|$ 1.7 billion|$ 1.1 billion|55% ( 55 % )|
|caribbean*|$ 1.9 billion|$ 1.1 billion|73% ( 73 % )|
|europe/africa|$ 1.4 billion|$ 1.3 billion|8% ( 8 % )|
|asia|$ 693 million|$ 615 million|13% ( 13 % )|
* includes venezuela and colombia. .
Question: was the caribbean segment revenue increase greater than the south american growth ?


Answer: The answer is:yes