Nadjafova, Zumrud2021-12-242021-12-242021VI International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2021, pp. 262-267978-9941-491-35-1https://dspace.tsu.ge/handle/123456789/9451. Actual problems of the development of tourism in Azerbaijan [Electronic resource]. - Retrieved from http://www.finanal.ru/003-004/aktualnye problem-razvitiya-turizma-v-azerbaidzhane 2. The concept of development “Azerbaijan Jean-2020: a view into the future”. - p. 18 -19. 3. Tourism forms 1.2% of Azerbaijan Jean’s GDP [Electronic resource]. - Retrieved from: http:// vesti.az/news/104316 1. Investments in the oil sector of Azerbaijan in 2013 exceeded $6 billion [Electronic resource]. – Retrieved from http: //1ne w s. a z/ economy/20140123103225237.html. 2. The share of the non-oil sector in the GDP of Azerbaijan is 5 6, 5% [ E l e k t r o n n y resource]. – Retrieved from: http://www.contact.az/docs/2014/Economics&Finance/012300066473ru. 3. Annual Report 2012, The Central Bank of the Republic Azerbaijan. 4. UNWTO, 2013 (Tourism Highlights-2013) – - 3 p. 9. The State Statistical Committee of the Republic of Azerbaijan, 2003-2013 [Electronic resource]. - Retrieved from: http://www.stat.gov.az/indexen.php. 5. The State Statistical Committee of the Republic of Azerbaijan, 2003-2013 [Electronic resource]. - Retrieved from: http://www.stat.gov.az/indexen.php.The main task at the current stage is to accelerate the diversification of the economy, maintain high rates of development of the non-oil sector in future years, regardless of the level of oil revenues, increase competitiveness and expand export opportunities. The Development Concept “Azerbaijan-2021: a look into the future” is based on an export-oriented economic model and provides that increasing competitiveness and improving the structure of the economy will contribute to the growth of non-oil exports. The promotion and expansion of innovative activities, along with the rapid development of the non-oil industry, will create a favorable ground for the formation of a knowledge-based economy in the country.ennon-oil sector, foreign direct investment, GDP, tourism services sector, AzerbaijanNon-oil sector as a competitive factor of Azerbaijan’s economic developmentArticle