Madagascar vs Mexico: Taxes on income, profits and capital gains

Madagascar
2.28 trillion current LCU
in 2024
Mexico
2.69 trillion current LCU
in 2024
Madagascar rank
25th
Mexico rank
23rd

Taxes on income, profits and capital gains over time

  • Madagascar
  • Mexico
01.0T2.0T3.0T197219982024

How they compare

Mexico currently reports 2.69 trillion current LCU against 2.28 trillion current LCU in Madagascar, a difference of 408.23 billion current LCU.

That makes Mexico's figure about 1.2 times Madagascar's.

Across all 23 years both countries report, Mexico has been ahead every year.

Madagascar ranks 25th and Mexico ranks 23rd of 153 countries.

Mexico has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Madagascar Mexico Difference Ahead
1990s 20.87 billion current LCU 59.41 billion current LCU 38.54 billion current LCU Mexico
2000s 497.14 billion current LCU 610.54 billion current LCU 113.39 billion current LCU Mexico
2010s 791.18 billion current LCU 1.18 trillion current LCU 386.66 billion current LCU Mexico
2020s 1.78 trillion current LCU 2.23 trillion current LCU 446.73 billion current LCU Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits and capital gains, Madagascar or Mexico?
Mexico, at 2.69 trillion current LCU against 2.28 trillion current LCU in Madagascar as of 2024.
What is the difference in taxes on income, profits and capital gains between Madagascar and Mexico?
408.23 billion current LCU, with Mexico ahead.
How many years of comparable data are there for Madagascar and Mexico?
23 years are reported by both, from 1990 to 2024.
How do Madagascar and Mexico rank globally for taxes on income, profits and capital gains?
Madagascar ranks 25th and Mexico ranks 23rd of 153 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Mexico: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-current-lcu/madagascar/mexico/

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About this data

Indicator
Taxes on income, profits and capital gains (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 4,587 data points, 1972–2024
Last refreshed

Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.