Madagascar vs Serbia: Taxes on goods and services

Madagascar
41.2%
in 2024
Serbia
40.9%
in 2022
Madagascar rank
39th
Serbia rank
40th

Taxes on goods and services over time

  • Madagascar
  • Serbia
1020304050199020072024

How they compare

Madagascar currently reports 41.2% against 40.9% in Serbia, a difference of 0.3%.

The two have swapped places 4 times across 16 shared years of data; in 2007 it was Serbia ahead.

Madagascar ranks 39th and Serbia ranks 40th of 156 countries.

Across the 3 decades both report, Madagascar averaged higher in 2 and Serbia in 1.

Head to head by decade

Decade Madagascar Serbia Difference Ahead
2000s 18.6% 42.7% 24.1% Serbia
2010s 45.4% 42.2% 3.2% Madagascar
2020s 44.5% 40.2% 4.3% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services, Madagascar or Serbia?
Madagascar, at 41.2% against 40.9% in Serbia as of 2024.
What is the difference in taxes on goods and services between Madagascar and Serbia?
0.3%, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Serbia?
16 years are reported by both, from 2007 to 2022.
How do Madagascar and Serbia rank globally for taxes on goods and services?
Madagascar ranks 39th and Serbia ranks 40th of 156 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Serbia: Taxes on goods and services. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-percent-of-revenue/madagascar/serbia/

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About this data

Indicator
Taxes on goods and services (% of revenue)
Unit
% of revenue
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 5,703 data points, 1972–2024
Last refreshed

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.