Investor Presentaiton slide image

Investor Presentaiton

June 2021 Accumulated economic buffer to curb Covid-19 crisis (1/2) 2020 GDP in current prices US$ 156bn GDP per capita dynamics, US$ 2017 US$ 2,640 +17% Comments In 2020, Ukraine's real GDP has declined by 4.0% which is significantly lower than projected by the government (-4.8%) and the IMF (-7.2%). In Q1 2021, the real GDP has contracted by 2.2% YTD 2021, the key economic sector outputs started to return to upward trend with industrial production showing the increase (1.5% y-o-y in Apr 2021), while construction index is still negative (-5.3% y-o-y in Apr 2021), followed by agriculture (-4.5% y-o-y in May 2021) Despite Covid-19, the private consumption remained strong in Q1 2021 after quick return to growth in Q3 2020, while the fixed capital accumulation remains negative Real GDP growth (y-o-y)², % 4.6% 4.7% 3.8% 3.4% 3.2% 2.4% 2.5% (4.0)% US$ 3,097 2018 +18% 50% 2019 US$ 40% 3,663 30% 20% +2% 10% 0% (10%) US$ 3,727 2020 (20%) Jan Key economic sectors output growth (y-o-y)¹, % Agriculture Construction Industrial production index Jan-Jul Jan-Apr Jan-Oct Jan 2016 Jan-Apr Jan-Jul Jan-Oct Jan Jan-Jul Jan-Oct Jan-Apr Jan Jan-Apr Source State Statistics Service of Ukraine Jan-Jul Jan-Oct Jan Jan-Apr Jan Jan-Apr 2017 2018 2019 2020 2021 1 2 2016 2017 2018 2019 2020 2021E 2022E 2023E Sources State Statistics Service of Ukraine Component contribution into real GDP growth, % 7.4% 7.0% 6.3% 5.9% 2.8% 2.5% 1.8% 2.3% 2.0% 3.9% 3.8% 1.2% 1.5% (0.9)% (4.5)% Private consumption (3.2)% (3.8)% (5.3)% (3.9)% ■Gross fixed capital accumulation (5.9)% (7.5)% 2016 2017 2018 2019 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Source State Statistics Service of Ukraine Notes To the corresponding period of the previous year on a cumulative basis 2021-2023 data according to the latest Ministry of Economy's projections 5
View entire presentation