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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AzerbaijanAzerbaijan GDP YoY held to 4.1% in December 2024
FMPQuarterlyReleased January 2025
Azerbaijan GDP YoY held to 4.1% in December 2024, released January 2025. The print exceeded the 2.9% consensus by 1.2%. Year-over-year, the indicator is up 3.0%. Over the past 3 months, GDP YoY averaged 4.5%, vs 4.5% in the prior 3-month window. GDP YoY is now the lowest in 8 months.
Latest Release
4.1
Actual
2.9
Consensus
4.1
Previous
Median Absolute Error
±0.51 percentage points
across last 12 releases
Last Call
Jan 2025
Predicted: 2.85
Actual: 4.1
Error: -1.25
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP YoY (Azerbaijan) was reported at 4.1% in January 2025. This beat the market consensus of 2.9% by 1.2%. The reading was unchanged from the previous release.
WHY IT MATTERS
The trailing three releases averaged 4.37%, down from the prior three at 4.5%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 12 releases, the Sigmacast model's median absolute error is 0.51%.
Auto-generated from current model state · Refreshes on each release · Last update January 2025.
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GDP YoY - AZ
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About GDP YoY — Azerbaijan
DEFINITION
GDP YoY stands for Gross Domestic Product Year-over-Year, and is a key economic indicator that measures the annual percentage change in a country's total economic output. It provides valuable insight into the overall health and growth of an economy, as well as its performance compared to previous years. This indicator is closely monitored by policymakers, investors, and businesses to make informed decisions and assess the current state of the economy.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Dec 2024): actual 4.1 %, consensus 2.9 %. Prior reading (Nov 2024): 4.1 %. Before that (Oct 2024): 4.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.