Madagascar: Income and profits taxes

The latest value from 2023 is 22.49 percent, a decline from 25.14 percent in 2022. In comparison, the world average is 25.45 percent, based on data from 85 countries. Historically, the average for Madagascar from 1990 to 2023 is 17.13 percent. The minimum value, 6.21 percent, was reached in 2004 while the maximum of 25.14 percent was recorded in 2022. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.