Madagascar: Income and profits taxes

* indicates monthly or quarterly data series
 Madagascar

Income, profits, and capital gains taxes: percent of revenue

 Latest value 25.14
 Year 2022
 Measure percent
 Data availability 1990 - 2022
 Average 16.93
 Min - Max 6.21 - 25.14
 Source The World Bank
The latest value from 2022 is 25.14 percent, an increase from 22.48 percent in 2021. In comparison, the world average is 31.54 percent, based on data from 93 countries. Historically, the average for Madagascar from 1990 to 2022 is 16.93 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 for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Madagascar - Income and profits taxes - Recent values chart

Historical series
Madagascar - Income and profits taxes - historical chart - 1990-2022




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.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 18.68 2023 percent
 Government spending, in dollars 2.99 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -6.80 2022 percent
 Government debt 53.90 2022 percent
 Tax revenue 9.25 2022 percent
 Commercial tax rate 38.30 2019 percent
 Tax preparation time 183 2019 hours
 Number of taxes 23 2019 taxes
 Taxes on goods and services 54.99 2022 percent
 Taxes on international trade 0.42 2022 percent
 Income and profits taxes 25.14 2022 percent
 Foreign aid 999.89 2022 million U.S. dollars
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