Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AzerbaijanAzerbaijan Gross Domestic Product YoY fell to 0.0% in May 2026
FMPMonthlyReleased June 2026
Azerbaijan Gross Domestic Product YoY fell to 0.0% in May 2026, released June 2026, down 0.2% from April's 0.2% reading. The reading missed the 1.0% consensus by 1.0%. The print is running well below the 12-month average of 1.03%. Over the past 3 months, Gross Domestic Product YoY averaged 0.07%, vs 1.57% in the prior 3-month window. The reading is in the 10th percentile of the trailing 24-month range.
Latest Release
0
Actual
1
Consensus
0.2
Previous
Median Absolute Error
±0.38 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 1.15
Actual: 0
Error: +1.15
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 |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.48 | CRYPTO | Bearish BTC | → View |
| GBP/USD | ▼ Inverse | −0.47 | FOREX | Bearish GBP | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Gross Domestic Product YoY (Azerbaijan) was reported at 0% in June 2026. This missed the market consensus of 1% by 1%. The reading fell from the previous value of 0.2%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 1.07%, ranging from 0% to 1.7% across 14 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 0.17%, down from the prior three at 1.57%. Volatility over the past year (σ 0.53%) is lower than the prior year (σ 0.66%).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with GBP/USD, negatively correlated (Bearish GBP). Over the last 12 releases, the Sigmacast model's median absolute error is 0.38%.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
Gross Domestic Product YoY - AZ
Loading chart data...
About Gross Domestic Product YoY — Azerbaijan
DEFINITION
Azerbaijan's Gross Domestic Product YoY came in at 0.000000% for May, missing the 1.000000% estimate and down from April's 0.200000%. This marks a stagnation in economic growth compared to the modest expansion seen the previous month. Market participants will watch upcoming data for signs of recovery amid ongoing economic challenges. Updated 6/10/26
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 monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 0 %, consensus 1 %. Prior reading (May 2026): 0 %. Before that (May 2026): 0 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with BTC/USD (Bearish BTC, r=-0.48) — a useful reference for crypto-focused traders.