CRISIS CONTEXT
CRISIS CONTEXT
LONG-LASTING GLOBAL IMPACT
VIRUS SPREAD
Lack of control over health situation resulting in reoccurring lockdowns
Vaccine not widely available before 3Q21
INTERNATIONAL TRADE SLOWDOWN
Due to extensive supply chain disruptions
DEBT AND INSOLVENCY
less availability of credit to erode business and consumer confidence.
EFFECT ON LOW-INCOME POPULATION
Increased inequality to drag on economic recovery
GDP FORECAST
LONG-LASTING GLOBAL IMPACT
SHORT TERM IMPACT
GDP GROWTH (2020)
Global▼ -4.5%
North America | ▼ -4.0% |
Latin America | ▼ -7.7% |
Europe▼ -7.9%
Africa▼ -4.4%
Asia▼ -1.8%
LONG TERM IMPACT
REAL GDP LEVELS - FORECAST
Persistent loss of 5% by 2030
10 year CAGR: | 2019F | ||||||
2019F: 2.9% | 2020F | ||||||
2020F: 2.4% | |||||||
2019 | |||||||
2015 | 2017 | 2021 | 2023 | 2025 | 2027 | 2029 |
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Source: IHS Markit
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Embraer SA published this content on 22 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2020 18:20:07 UTC