Global Packaging Machinery Market
What is Armenia's net financial flows, rdb nonconcessional (nfl, current us$)? As of 2023, it's 14.9M current US$, down from 17.1M current US$ in 2014.
| Label | Net financial flows, RDB nonconcessional (NFL, current US$) |
|---|---|
| 2014 | 17144020.5 current US$ |
| 2015 | 9399907.7 current US$ |
| 2016 | 110642839.7 current US$ |
| 2017 | 116779723.3 current US$ |
| 2018 | 75844416.7 current US$ |
| 2019 | 66740328.8 current US$ |
| 2020 | 1440878.3 current US$ |
| 2021 | 12403092.6 current US$ |
| 2022 | 114019578.5 current US$ |
| 2023 | 14888264.5 current US$ |
Data Source: World Bank and Wantstats Repository
Treat this less like a trend and more like a set of individual events. Something different seems to be driving each up or down move rather than one consistent force.
The 2020 dip lands in the one year that disrupted almost every kind of economic activity worldwide — 2020. That doesn't prove COVID-19 caused this specific move, but it's a reasonable first place to look before assuming something else did.
Like most indicator series of this kind, the Armenia numbers here are compiled from periodic surveys and filled in with modeling for the years between — read the shape of the trend, hold individual annual figures loosely.
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