Abstract This paper presents the analytical model for the analysis of internal quantum efficiency as well as light output power of GaN-based light-emitting diodes by introducing the polarization factor, which accounts for the polarization fields in the active region, in the standard ABC model. With the increase of the polarization, effective volume decreases which causes strong localization of carriers at lower potentials causing the carrier density to increase. This effect leads to loss mechanisms such as carrier leakage and Auger loss. Our theoretical analysis for internal quantum efficiency and light output power shows good agreement with the experimental results for both the blue and green InGaN light-emitting diodes.