Taxes on income, profits and capital gains in Madagascar

Madagascar: Taxes on income, profits and capital gains was 2.28 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
2.28 trillion current LCU
Change on year
up 10.9%
World rank
25th
of 153 countries
All-time high
2.28 trillion current LCU
in 2024
All-time low
12.80 billion current LCU
in 1991
Years of data
28
1990–2024

Taxes on income, profits and capital gains in Madagascar, 1990–2024

0500.0B1.0T1.5T2.0T2.5T1990200720241990: 13.6B current LCU1991: 12.8B current LCU1992: 14.4B current LCU1993: 20.7B current LCU1994: 30.1B current LCU1995: 33.6B current LCU2003: 74.1B current LCU2004: 103.0B current LCU2005: 155.6B current LCU2006: 234.6B current LCU2007: 199.9B current LCU2008: 531.5B current LCU2009: 462.8B current LCU2010: 490.3B current LCU2011: 533.7B current LCU2012: 512.6B current LCU2013: 568.3B current LCU2014: 611.4B current LCU2015: 706.7B current LCU2016: 882.6B current LCU2017: 1.0T current LCU2018: 1.2T current LCU2019: 1.4T current LCU2020: 1.3T current LCU2021: 1.5T current LCU2022: 1.8T current LCU2023: 2.1T current LCU2024: 2.3T current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

Madagascar recorded 2.28 trillion current LCU for taxes on income, profits and capital gains in 2024. That is the highest value across all 28 years on record.

That represents a change of up 10.9% on the previous year and up 273.3% over ten years.

Over the whole period, taxes on income, profits and capital gains in Madagascar peaked at 2.28 trillion current LCU in 2024 and was at its lowest, 12.80 billion current LCU, in 1991.

That places Madagascar 25th out of 153 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes on income, profits and capital gains in Madagascar, year by year

Annual values for Taxes on income, profits and capital gains (current LCU) in Madagascar, 1990 to 2024.
Year current LCU Change
1990 13.60 billion current LCU
1991 12.80 billion current LCU -5.9%
1992 14.42 billion current LCU +12.7%
1993 20.72 billion current LCU +43.7%
1994 30.14 billion current LCU +45.5%
1995 33.56 billion current LCU +11.3%
2003 74.11 billion current LCU +120.8%
2004 102.96 billion current LCU +38.9%
2005 155.60 billion current LCU +51.1%
2006 234.60 billion current LCU +50.8%
2007 199.89 billion current LCU -14.8%
2008 531.50 billion current LCU +165.9%
2009 462.79 billion current LCU -12.9%
2010 490.29 billion current LCU +5.9%
2011 533.68 billion current LCU +8.8%
2012 512.57 billion current LCU -4.0%
2013 568.28 billion current LCU +10.9%
2014 611.37 billion current LCU +7.6%
2015 706.72 billion current LCU +15.6%
2016 882.60 billion current LCU +24.9%
2017 1.00 trillion current LCU +13.6%
2018 1.17 trillion current LCU +17.1%
2019 1.43 trillion current LCU +21.6%
2020 1.31 trillion current LCU -8.6%
2021 1.47 trillion current LCU +12.6%
2022 1.81 trillion current LCU +23.0%
2023 2.06 trillion current LCU +13.9%
2024 2.28 trillion current LCU +10.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.87 billion current LCU 12.80 billion current LCU 33.56 billion current LCU 6
2000s 251.64 billion current LCU 74.11 billion current LCU 531.50 billion current LCU 7
2010s 791.18 billion current LCU 490.29 billion current LCU 1.43 trillion current LCU 10
2020s 1.78 trillion current LCU 1.31 trillion current LCU 2.28 trillion current LCU 5

Countries ranked near Madagascar

  1. 22 United States of America 2.93 trillion current LCU compare
  2. 23 Mexico 2.69 trillion current LCU compare
  3. 24 Türkiye 2.51 trillion current LCU compare
  4. 26 Myanmar 2.20 trillion current LCU compare
  5. 27 Costa Rica 2.18 trillion current LCU compare
  6. 28 Iraq 2.12 trillion current LCU compare

See the full ranking of 153 places →

More public sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is taxes on income, profits and capital gains in Madagascar?
Taxes on income, profits and capital gains in Madagascar was 2.28 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest taxes on income, profits and capital gains recorded in Madagascar?
The highest recorded value was 2.28 trillion current LCU in 2024.
What is the lowest taxes on income, profits and capital gains recorded in Madagascar?
The lowest recorded value was 12.80 billion current LCU in 1991.
How does Madagascar rank for taxes on income, profits and capital gains?
Madagascar ranks 25th out of 153 countries with data for 2024.
Is taxes on income, profits and capital gains rising or falling in Madagascar?
Over the last ten years it is up 273.3%. The long-run trend across the full record is volatile.
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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.

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Taxes on income, profits and capital gains 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/taxes-on-income-profits-and-capital-gains-current-lcu/madagascar/

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About this data

Indicator
Taxes on income, profits and capital gains (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 4,587 data points, 1972–2024
Last refreshed

Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.