The Role of International Migration from CIS countries on Russia’s Economic Development

Keywords: labor migration, CIS, Russia, economic development, GDP, impact, contribution, international migration, labor market, tax payments

Abstract

This article explores the contribution of international labor immigrants from the CIS countries to Russia’s economic development. The methodology is the statistical data of Russian Rosstat. The calculations made by the author revealed the contribution of foreign labors from the CIS countries amounted to approximately 9,6%-10,8% of Russia's GDP. Given the number of potential (legal and illegal) labor immigrants from the CIS countries, their contribution to Russia's GDP increased from about 100 billion dollars in 2007 to more than 161 billion dollars in 2017. For every dollar sent, labor immigrants leave about $12,5 in Russian economy.

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Published
2020-10-10
How to Cite
Ikromov, J. (2020). The Role of International Migration from CIS countries on Russia’s Economic Development . Central Asian Journal of Theoretical and Applied Science, 1(1), 1-16. Retrieved from https://cajotas.centralasianstudies.org/index.php/CAJOTAS/article/view/7
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Articles