Taxes on goods and services in Madagascar
Madagascar: Taxes on goods and services was 8.2% in 2024. ▲ Rising
Taxes on goods and services in Madagascar, 2007–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
The most recent figure for taxes on goods and services in Madagascar is 8.2%, measured in 2024.
The figure is up 15.3% on the previous year and up 10.1% over ten years.
Over the whole period, taxes on goods and services in Madagascar peaked at 8.6% in 2018 and was at its lowest, 2.8%, in 2009.
That places Madagascar 98th out of 154 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Taxes on goods and services in Madagascar, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 2007 | 4.2% | — |
| 2008 | 4.2% | +0.0% |
| 2009 | 2.8% | -33.1% |
| 2010 | 7.4% | +161.9% |
| 2011 | 7.7% | +4.5% |
| 2012 | 7.5% | -1.8% |
| 2013 | 8.1% | +7.0% |
| 2014 | 7.5% | -7.2% |
| 2015 | 7.8% | +4.2% |
| 2016 | 7.7% | -1.1% |
| 2017 | 8.5% | +9.6% |
| 2018 | 8.6% | +1.1% |
| 2019 | 8.2% | -3.9% |
| 2020 | 7.7% | -6.1% |
| 2021 | 8.5% | +10.8% |
| 2022 | 6.5% | -24.4% |
| 2023 | 7.2% | +10.6% |
| 2024 | 8.2% | +15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | 2.8% | 4.2% | 3 |
| 2010s | 7.9% | 7.4% | 8.6% | 10 |
| 2020s | 7.6% | 6.5% | 8.5% | 5 |
Countries ranked near Madagascar
More public sector data for Madagascar
- Arms imports 1.00 million SIPRI trend indicator values (2020)
- Arms imports (SIPRI trend indicator values), per capita 0.0345 SIPRI trend indicator values per person (2020)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2020)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2020)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2020)
- Military expenditure (current USD), per capita 3.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0069 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 121.63 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.72 SIPRI trend indicator values per square kilometre (2020)
Frequently asked questions
- What is taxes on goods and services in Madagascar?
- Taxes on goods and services in Madagascar was 8.2% 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 8.6% in 2018.
- What is the lowest taxes on goods and services recorded in Madagascar?
- The lowest recorded value was 2.8% in 2009.
- How does Madagascar rank for taxes on goods and services?
- Madagascar ranks 98th out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Madagascar?
- Over the last ten years it is up 10.1%. 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 (% value added of industry and services). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.