Taxes on goods and services in Madagascar

Madagascar: Taxes on goods and services was 41.2% in 2024. ▲ Rising

Latest (2024)
41.2%
Change on year
up 3.2%
World rank
39th
of 156 countries
All-time high
52.7%
in 2013
All-time low
11.9%
in 2006
Years of data
28
1990–2024

Taxes on goods and services in Madagascar, 1990–2024

10203040501990200720241990: 23 % of revenue1991: 23.8 % of revenue1992: 31.6 % of revenue1993: 26.9 % of revenue1994: 28.2 % of revenue1995: 27 % of revenue2003: 20.5 % of revenue2004: 16.4 % of revenue2005: 17.7 % of revenue2006: 11.9 % of revenue2007: 20.1 % of revenue2008: 16.8 % of revenue2009: 18.9 % of revenue2010: 39.7 % of revenue2011: 45.3 % of revenue2012: 50.4 % of revenue2013: 52.7 % of revenue2014: 46.6 % of revenue2015: 49.2 % of revenue2016: 41.7 % of revenue2017: 44.9 % of revenue2018: 42.5 % of revenue2019: 40.5 % of revenue2020: 41.1 % of revenue2021: 51.7 % of revenue2022: 40.7 % of revenue2023: 39.9 % of revenue2024: 41.2 % of revenue

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

Analysis

Madagascar recorded 41.2% for taxes on goods and services in 2024.

That represents a change of up 3.2% on the previous year and down 11.7% over ten years.

Over the whole period, taxes on goods and services in Madagascar peaked at 52.7% in 2013 and was at its lowest, 11.9%, in 2006.

That places Madagascar 39th out of 156 countries with data for 2024, putting it in the top quarter.

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

Taxes on goods and services in Madagascar, year by year

Annual values for Taxes on goods and services (% of revenue) in Madagascar, 1990 to 2024.
Year % of revenue Change
1990 23.0%
1991 23.8% +3.3%
1992 31.6% +32.8%
1993 26.9% -14.9%
1994 28.2% +4.7%
1995 27.0% -4.1%
2003 20.5% -24.2%
2004 16.4% -19.7%
2005 17.7% +7.4%
2006 11.9% -32.5%
2007 20.1% +69.0%
2008 16.8% -16.5%
2009 18.9% +12.3%
2010 39.7% +110.5%
2011 45.3% +13.9%
2012 50.4% +11.4%
2013 52.7% +4.6%
2014 46.6% -11.6%
2015 49.2% +5.4%
2016 41.7% -15.2%
2017 44.9% +7.8%
2018 42.5% -5.3%
2019 40.5% -4.8%
2020 41.1% +1.5%
2021 51.7% +25.8%
2022 40.7% -21.2%
2023 39.9% -2.0%
2024 41.2% +3.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 26.8% 23.0% 31.6% 6
2000s 17.5% 11.9% 20.5% 7
2010s 45.4% 39.7% 52.7% 10
2020s 42.9% 39.9% 51.7% 5

Countries ranked near Madagascar

  1. 36 Bulgaria 41.5% compare
  2. 37 Togo 41.4% compare
  3. 38 Zimbabwe 41.2% compare
  4. 40 Serbia 40.9% compare
  5. 41 Senegal 40.5% compare
  6. 42 Kyrgyzstan 39.6% compare

See the full ranking of 197 places →

More public sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is taxes on goods and services in Madagascar?
Taxes on goods and services in Madagascar was 41.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest taxes on goods and services recorded in Madagascar?
The highest recorded value was 52.7% in 2013.
What is the lowest taxes on goods and services recorded in Madagascar?
The lowest recorded value was 11.9% in 2006.
How does Madagascar rank for taxes on goods and services?
Madagascar ranks 39th out of 156 countries with data for 2024.
Is taxes on goods and services rising or falling in Madagascar?
Over the last ten years it is down 11.7%. 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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.

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Taxes on goods and services in Madagascar. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 September 2026, from https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-percent-of-revenue/madagascar/

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About this data

Indicator
Taxes on goods and services (% 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
197 places, 5,703 data points, 1972–2024
Last refreshed

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.