Taxes on income, profits and capital gains (% of total taxes) in Madagascar
Madagascar: Taxes on income, profits and capital gains (% of total taxes) was 26.2% 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 total taxes.
Analysis
The most recent figure for taxes on income, profits and capital gains in Madagascar is 26.2%, measured in 2024.
The figure is down 14.0% on the previous year and up 9.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in Madagascar peaked at 31.2% in 2022 and was at its lowest, 10.9%, in 2003.
Madagascar ranks 123rd of 153 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Taxes on income, profits and capital gains (% of total taxes) in Madagascar, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1990 | 15.7% | — |
| 1991 | 19.0% | +21.6% |
| 1992 | 14.9% | -21.8% |
| 1993 | 19.7% | +32.1% |
| 1994 | 21.5% | +9.1% |
| 1995 | 15.0% | -30.2% |
| 2003 | 10.9% | -27.0% |
| 2004 | 11.6% | +6.3% |
| 2005 | 15.3% | +31.4% |
| 2006 | 18.6% | +22.0% |
| 2007 | 12.7% | -31.7% |
| 2008 | 25.5% | +100.4% |
| 2009 | 29.5% | +15.8% |
| 2010 | 27.5% | -6.6% |
| 2011 | 26.2% | -4.9% |
| 2012 | 24.1% | -8.0% |
| 2013 | 23.6% | -2.1% |
| 2014 | 24.0% | +1.5% |
| 2015 | 23.8% | -0.7% |
| 2016 | 25.4% | +6.6% |
| 2017 | 24.4% | -4.0% |
| 2018 | 24.9% | +2.2% |
| 2019 | 26.6% | +6.8% |
| 2020 | 27.7% | +4.3% |
| 2021 | 25.7% | -7.2% |
| 2022 | 31.2% | +21.0% |
| 2023 | 30.5% | -2.3% |
| 2024 | 26.2% | -14.0% |
Madagascar compared with similar countries
- Madagascar's 26.2% is below the median for low income countries, which is 29.5%, 89% of the median. (15 countries reporting)
- Madagascar's 26.2% is below the median for Sub-Saharan Africa, which is 35.0%, 75% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains (% of total taxes) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +100.4% | 12.7% | 25.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.6% | 14.9% | 21.5% | 6 |
| 2000s | 17.7% | 10.9% | 29.5% | 7 |
| 2010s | 25.0% | 23.6% | 27.5% | 10 |
| 2020s | 28.3% | 25.7% | 31.2% | 5 |
Countries ranked near Madagascar
- 120 Cameroon 27.2% compare
- 121 Congo 27.2% compare
- 122 Burkina Faso 27.1% compare
- 124 Albania 25.9% compare
- 125 Saint Lucia 25.8% compare
- 126 Seychelles 24.7% compare
More public sector data for Madagascar
- Democracy, annual growth rate -100 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2025)
- Elected parliament, annual growth rate -100 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2025)
- Arms imports 3.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on income, profits and capital gains in Madagascar?
- Taxes on income, profits and capital gains in Madagascar was 26.2% 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 31.2% in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in Madagascar?
- The lowest recorded value was 10.9% in 2003.
- How does Madagascar rank for taxes on income, profits and capital gains?
- Madagascar ranks 123rd 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 9.4%. 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 total taxes). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.