Economic Diversification Index
The index of economic diversification , short IdöD ( English Economic Diversification Index , EDI ) is an economic indicator that shows the degree of economic strength of a state.
The IdöD is composed of the following criteria:
- Share of industry in gross domestic product ( GDP )
- Number of people employed in industry
- Electricity consumption per head
- Export orientation of the economy
The IdöD is one of the criteria for the classification of the group of the least developed countries ( English Least Developed Countries , short LDC ).