Latin America & the Caribbean (IDA & IBRD countries) vs Madagascar: Taxes on international trade

Latin America & the Caribbean (IDA & IBRD countries)
3.6%
in 2024
Madagascar
14.6%
in 2024
Latin America & the Caribbean (IDA & IBRD countries) rank
22nd
Madagascar rank
22nd

Taxes on international trade over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Madagascar
0204060199020072024

How they compare

Madagascar currently reports 14.6% against 3.6% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 11.0%.

That makes Madagascar's figure about 4.1 times Latin America & the Caribbean (IDA & IBRD countries)'s.

Across all 28 years both countries report, Madagascar has been ahead every year.

Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd and Madagascar ranks 22nd of 41 groups.

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

Head to head by decade

Decade Latin America & the Caribbean (IDA & IBRD countries) Madagascar Difference Ahead
1990s 10.9% 50.9% 39.9% Madagascar
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 & the Caribbean (IDA & IBRD countries) or Madagascar?
Madagascar, at 14.6% against 3.6% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
What is the difference in taxes on international trade between Latin America & the Caribbean (IDA & IBRD countries) and Madagascar?
11.0%, with Madagascar ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Madagascar?
28 years are reported by both, from 1990 to 2024.
How do Latin America & the Caribbean (IDA & IBRD countries) and Madagascar rank globally for taxes on international trade?
Latin America & the Caribbean (IDA & IBRD countries) 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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Latin America & the Caribbean (IDA & IBRD countries) vs Madagascar: Taxes on international trade. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-international-trade-percent-of-revenue/latin-america-and-the-caribbean-ida-and-ibrd-countries/madagascar/

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About this data

Indicator
Taxes on international trade (% 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
195 places, 4,959 data points, 1972–2024
Last refreshed

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.