Latin America & Caribbean vs Madagascar: Taxes on international trade
Taxes on international trade over time
- Latin America & Caribbean
- Madagascar
How they compare
Madagascar currently reports 14.6% against 3.6% in Latin America & Caribbean, a difference of 11.0%.
That makes Madagascar's figure about 4.1 times Latin America & Caribbean's.
Across all 22 years both countries report, Madagascar has been ahead every year.
Latin America & Caribbean ranks 22nd and Madagascar ranks 22nd of 41 groups.
Madagascar has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.2% | 31.7% | 26.5% | Madagascar |
| 2010s | 4.1% | 11.2% | 7.1% | Madagascar |
| 2020s | 3.6% | 13.0% | 9.4% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Latin America & Caribbean or Madagascar?
- Madagascar, at 14.6% against 3.6% in Latin America & Caribbean as of 2024.
- What is the difference in taxes on international trade between Latin America & Caribbean and Madagascar?
- 11.0%, with Madagascar ahead.
- How many years of comparable data are there for Latin America & Caribbean and Madagascar?
- 22 years are reported by both, from 2003 to 2024.
- How do Latin America & Caribbean and Madagascar rank globally for taxes on international trade?
- Latin America & Caribbean ranks 22nd and Madagascar ranks 22nd of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.