Effects of Migrant Workers on GDP
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Economic, demographic, and societal variables are among the major reasons affecting the flow of employees overseas. In Bangladesh, migration flow is positively correlated with GDP growth (World Bank 2012), and the long-term trend has been favorable for more than two decades as economic expansion has intensified. The vast majority of Bangladeshi nationals reside in Saudi Arabia and India (UNDESA, 2019). Saudi Arabia was the most popular destination country for new Bangladeshi migrants in 2019. (BMET, 2019). Only 2% of migrants are classified as “professional,” while 48% are classified as “poor skilled” (IOM, 2017; BMET, 2019). Many migrants work in construction or dangerous jobs in their destination countries (IOM, 2017; IOM, 2020).