Tax revenue in Madagascar

Madagascar: Tax revenue was 10.9% in 2024. ▲ Rising

Latest (2024)
10.9%
Change on year
up 15.0%
World rank
126th
of 157 countries
All-time high
11.4%
in 2008
All-time low
5.6%
in 1991
Years of data
28
1990–2024

Tax revenue in Madagascar, 1990–2024

02.557.51012.51990200720241990: 7.4 % of GDP1991: 5.6 % of GDP1992: 7 % of GDP1993: 6.8 % of GDP1994: 6.5 % of GDP1995: 6.8 % of GDP2003: 8.6 % of GDP2004: 9.4 % of GDP2005: 8.7 % of GDP2006: 9.2 % of GDP2007: 9.8 % of GDP2008: 11.4 % of GDP2009: 8.3 % of GDP2010: 8.5 % of GDP2011: 8.7 % of GDP2012: 8.4 % of GDP2013: 8.8 % of GDP2014: 8.4 % of GDP2015: 8.9 % of GDP2016: 9.2 % of GDP2017: 10 % of GDP2018: 10.3 % of GDP2019: 10.5 % of GDP2020: 9.5 % of GDP2021: 10.4 % of GDP2022: 9.2 % of GDP2023: 9.5 % of GDP2024: 10.9 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Madagascar recorded 10.9% for tax revenue in 2024.

The figure is up 15.0% on the previous year and up 29.7% over ten years.

Over the whole period, tax revenue in Madagascar peaked at 11.4% in 2008 and was at its lowest, 5.6%, in 1991.

That places Madagascar 126th out of 157 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 28 years of available data.

Tax revenue in Madagascar, year by year

Annual values for Tax revenue (% of GDP) in Madagascar, 1990 to 2024.
Year % of GDP Change
1990 7.4%
1991 5.6% -23.9%
1992 7.0% +24.3%
1993 6.8% -3.2%
1994 6.5% -4.0%
1995 6.8% +5.3%
2003 8.6% +25.6%
2004 9.4% +9.0%
2005 8.7% -7.3%
2006 9.2% +5.9%
2007 9.8% +7.0%
2008 11.4% +15.7%
2009 8.3% -26.8%
2010 8.5% +2.3%
2011 8.7% +2.1%
2012 8.4% -3.9%
2013 8.8% +5.0%
2014 8.4% -3.9%
2015 8.9% +6.0%
2016 9.2% +3.3%
2017 10.0% +8.5%
2018 10.3% +2.5%
2019 10.5% +2.4%
2020 9.5% -9.6%
2021 10.4% +9.0%
2022 9.2% -11.1%
2023 9.5% +3.1%
2024 10.9% +15.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.7% 5.6% 7.4% 6
2000s 9.3% 8.3% 11.4% 7
2010s 9.2% 8.4% 10.5% 10
2020s 9.9% 9.2% 10.9% 5

Countries ranked near Madagascar

  1. 123 Lebanon 11.1% compare
  2. 124 Indonesia 11.1% compare
  3. 125 Uzbekistan 11.0% compare
  4. 127 Germany 10.9% compare
  5. 128 Russian Federation 10.9% compare
  6. 129 United States of America 10.8% compare

See the full ranking of 192 places →

More public sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is tax revenue in Madagascar?
Tax revenue in Madagascar was 10.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest tax revenue recorded in Madagascar?
The highest recorded value was 11.4% in 2008.
What is the lowest tax revenue recorded in Madagascar?
The lowest recorded value was 5.6% in 1991.
How does Madagascar rank for tax revenue?
Madagascar ranks 126th out of 157 countries with data for 2024.
Is tax revenue rising or falling in Madagascar?
Over the last ten years it is up 29.7%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.

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Tax revenue in Madagascar. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 04 September 2026, from https://public-sector.statizoid.com/stat/tax-revenue-percent-of-gdp/madagascar/

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About this data

Indicator
Tax revenue (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 5,672 data points, 1972–2024
Last refreshed

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.