Tax revenue (% of GDP) in Madagascar
Madagascar: Tax revenue (% of GDP) was 10.9% in 2024. ▲ Rising
Tax revenue in Madagascar, 1990–2024
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 (% of GDP) in Madagascar, year by year
| 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% |
Madagascar compared with similar countries
- Madagascar's 10.9% is below the median for low income countries, which is 11.4%, 96% of the median. (16 countries reporting)
- Madagascar's 10.9% is below the median for Sub-Saharan Africa, which is 12.6%, 87% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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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.
Download this data
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About this data
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.