Provided is an organic light emitting diode including: a first electrode; a second electrode; an organic layer between the first electrode and the second electrode; and a luminous efficiency improvement layer disposed on a surface of the first electrode facing away from the organic layer or a surface of the second electrode facing away from the organic layer, wherein the luminous efficiency improvement layer includes a porphyrazin derivative, a phthalocyanine derivative, a naphthalocyanine derivative, or a combination of at least two compounds of the foregoing.