A B S T R A C T

The purpose of the research is to identify and analyze effective strategies to enhance the efficiency of economic development processes in Azerbaijan by focusing on economic diversification, investment climate improvement, and the adoption of sustainable practices.

The methodology of the research - the study examines ways to increase the efficiency of economic development processes through statistical data.

The practical importance of the research is to clarify ways to increase the efficiency of economic development processes in Azerbaijan.

The results of the research - strategic investments in non-oil industries such as agriculture, tourism, and information technology are crucial for supporting sustainable growth and building resilience to external economic shocks. In addition, the research highlights the importance of improving the investment climate by simplifying regulatory frameworks, increasing transparency, and promoting public-private partnerships.

The originality and scientific novelty of research lies in its comprehensive approach, which combines the modernization of economic security mechanisms, optimization of resource use, promotion of green and digital economies, and improvement of regional development strategies to support sustainable development.

Keywords: economic development, efficiency, strategies, non-oil industries.

http://doi.org/10.59610/bbu3.2025.3.10