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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IsraelIsrael GDP Growth Annualized 3rd climbed to 14.4 in January 2024
FMPQuarterlyReleased July 2024
Israel GDP Growth Annualized 3rd climbed to 14.4 in January 2024, released July 2024, up 36.0 from December's -21.6 reading. The reading matched the 14.4 consensus. The print is running well above the 12-month average of 4.5. GDP Growth Annualized 3rd is now the highest in 24 months.
Latest Release
14.4
Actual
14.4
Consensus
-21.6
Previous
Median Absolute Error
±0.2 percentage points
across last 12 releases
Last Call
Jul 2024
Predicted: 14.4
Actual: 14.4
Error: +0
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 July 2024 reading rose from the previous value of -21.6. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.2. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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GDP Growth Annualized 3rd - IL
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