Taxes on income, profits and capital gains in Madagascar
Madagascar: Taxes on income, profits and capital gains was 19.8% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Madagascar, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Madagascar recorded 19.8% for taxes on income, profits and capital gains in 2024.
The figure is down 11.9% on the previous year and up 10.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Madagascar peaked at 25.1% in 2022 and was at its lowest, 6.2%, in 2004.
Madagascar ranks 93rd of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Taxes on income, profits and capital gains in Madagascar, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 14.6% | — |
| 1991 | 18.1% | +23.9% |
| 1992 | 14.3% | -20.9% |
| 1993 | 18.6% | +30.1% |
| 1994 | 20.1% | +8.1% |
| 1995 | 14.6% | -27.4% |
| 2003 | 7.2% | -50.9% |
| 2004 | 6.2% | -13.4% |
| 2005 | 9.2% | +48.6% |
| 2006 | 9.2% | +0.1% |
| 2007 | 9.0% | -3.0% |
| 2008 | 17.0% | +90.0% |
| 2009 | 25.1% | +47.5% |
| 2010 | 19.0% | -24.3% |
| 2011 | 20.1% | +5.5% |
| 2012 | 19.8% | -1.5% |
| 2013 | 19.5% | -1.2% |
| 2014 | 18.0% | -8.0% |
| 2015 | 19.2% | +7.0% |
| 2016 | 18.0% | -6.4% |
| 2017 | 18.2% | +1.3% |
| 2018 | 18.1% | -0.5% |
| 2019 | 19.1% | +5.2% |
| 2020 | 20.1% | +5.5% |
| 2021 | 22.5% | +11.7% |
| 2022 | 25.1% | +11.8% |
| 2023 | 22.5% | -10.5% |
| 2024 | 19.8% | -11.9% |
Madagascar compared with similar countries
- Madagascar's 19.8% is below the median for low income countries, which is 22.4%, 88% of the median. (15 countries reporting)
- Madagascar's 19.8% is below the median for Sub-Saharan Africa, which is 25.5%, 78% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.7% | 14.3% | 20.1% | 6 |
| 2000s | 11.9% | 6.2% | 25.1% | 7 |
| 2010s | 18.9% | 18.0% | 20.1% | 10 |
| 2020s | 22.0% | 19.8% | 25.1% | 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 income, profits and capital gains in Madagascar?
- Taxes on income, profits and capital gains in Madagascar was 19.8% 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 25.1% in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in Madagascar?
- The lowest recorded value was 6.2% in 2004.
- How does Madagascar rank for taxes on income, profits and capital gains?
- Madagascar ranks 93rd 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 10.3%. 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 income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.