Economic diversification is one of the priority strategic goals of the Russian Federation. Evaluation of progress in achieving this goal requires its consideration at the level of measurable indicators, however, the lack of a unified methodology to determine the degree of economic diversification determines the relevance of the study. The purpose of the article is to systematize indicators for assessing the economic diversification of the Russian Federation. The objectives of the study are: determining a set of indicators that allow establishing the level of economic diversification, as well as assessing the level of diversification of the economy of the Russian Federation based on the selected indicators. The study found that in international practice, measuring the level of economic diversification is based on a wide range of indicators reflecting various aspects of diversification processes. The Herfindahl-Hirschman Index, the Ogiva Index and the Entropy Index are used as the main assessment tools. International diversification ratings play a significant role, such as: The Global Economic Diversification Index (EDI), which provides a comprehensive multidimensional assessment and allows comparing the level of diversification between countries, taking into account the structure of economic activity, foreign trade and sources of government revenue. As a result of the assessment, a conclusion was made about the positive trend in the level of diversification of the Russian Federation economy, however, in comparison with world leaders in economic development, for example, the USA, Germany and China, it is necessary to note the continuing lag in the depth of structural transformations, which indicates the limited nature of the results achieved and the need for further efforts to stimulate the growth of non-resource industries, increasing the technological complexity of production. A key area for improvement is the institutional environment, which must be capable of supporting a sustainable and inclusive model of economic growth and reducing dependence on income generated from the exploitation of natural resources, which is volatile.
Economic diversification is one of the priority strategic goals of the Russian Federation. Evaluation of progress in achieving this goal requires its consideration at the level of measurable indicators, however, the lack of a unified methodology to determine the degree of economic diversification determines the relevance of the study. The purpose of the article is to systematize indicators for assessing the economic diversification of the Russian Federation. The objectives of the study are: determining a set of indicators that allow establishing the level of economic diversification, as well as assessing the level of diversification of the economy of the Russian Federation based on the selected indicators. The study found that in international practice, measuring the level of economic diversification is based on a wide range of indicators reflecting various aspects of diversification processes. The Herfindahl-Hirschman Index, the Ogiva Index and the Entropy Index are used as the main assessment tools. International diversification ratings play a significant role, such as: The Global Economic Diversification Index (EDI), which provides a comprehensive multidimensional assessment and allows comparing the level of diversification between countries, taking into account the structure of economic activity, foreign trade and sources of government revenue. As a result of the assessment, a conclusion was made about the positive trend in the level of diversification of the Russian Federation economy, however, in comparison with world leaders in economic development, for example, the USA, Germany and China, it is necessary to note the continuing lag in the depth of structural transformations, which indicates the limited nature of the results achieved and the need for further efforts to stimulate the growth of non-resource industries, increasing the technological complexity of production. A key area for improvement is the institutional environment, which must be capable of supporting a sustainable and inclusive model of economic growth and reducing dependence on income generated from the exploitation of natural resources, which is volatile.