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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AzerbaijanAzerbaijan Gross Domestic Product YoY climbed to 0.2% in April 2026
FMPMonthlyReleased May 2026
Azerbaijan Gross Domestic Product YoY climbed to 0.2% in April 2026, released May 2026, up 0.5% from March's -0.3% reading. The print exceeded the -0.1% consensus by 0.3%. The print is running well below the 12-month average of 1.08%. Over the past 3 months, Gross Domestic Product YoY averaged 0.57%, vs 1.47% in the prior 3-month window. The reading is in the 15th percentile of the trailing 24-month range.
Latest Release
0.2
Actual
-0.1
Consensus
-0.3
Previous
Median Absolute Error
±0.36 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -0.25
Actual: 0.2
Error: -0.45
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 |
|---|---|---|---|---|---|
| GBP/USD | ▼ Inverse | −0.49 | FOREX | Bearish GBP | → View |
| BTC/USD | ▼ Inverse | −0.36 | CRYPTO | Bearish BTC | → View |
| USD/JPY | ▲ Direct | +0.28 | FOREX | Bullish USD | → View |
| EUR/USD | ▼ Inverse | −0.26 | FOREX | Bearish EUR | → 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 0.2% in May 2026. This beat the market consensus of -0.1% by 0.3%. The reading rose from the previous value of -0.3%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 1.18%, ranging from 0.2% 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 0.73%, down from the prior three at 1.53%. Volatility over the past year (σ 0.45%) is lower than the prior year (σ 0.56%). In May readings over the past 3 years, Gross Domestic Product YoY has averaged 0.67%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with GBP/USD (Bearish GBP). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.36%.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Gross Domestic Product YoY - AZ
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About Gross Domestic Product YoY — Azerbaijan
DEFINITION
Azerbaijan's Gross Domestic Product YoY rose to 0.200000% in April, beating the -0.100000% estimate and improving from March's -0.300000%. This marks a reversal from contraction to modest growth year-over-year. Market focus will remain on upcoming data to assess the sustainability of this economic rebound. Updated 5/12/26
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 (Apr 2026): actual 0.2 %, consensus -0.1 %. Prior reading (Mar 2026): -0.3 %. Before that (Feb 2026): 0.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially 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 GBP/USD (Bearish GBP, r=-0.49) — a useful reference for forex-focused traders.