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