Iceland vs Madagascar: Paying taxes: Labor tax and contributions
Iceland
20.6%
in 2019
Madagascar
20.3%
in 2019
Iceland rank
55th
Madagascar rank
57th
Paying taxes: Labor tax and contributions over time
- Iceland
- Madagascar
How they compare
Iceland currently reports 20.6% against 20.3% in Madagascar, a difference of 0.3%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Madagascar ahead.
Iceland ranks 55th and Madagascar ranks 57th of 190 countries.
Madagascar has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.3% | 20.3% | 7.0% | Madagascar |
| 2010s | 18.6% | 20.3% | 1.7% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: labor tax and contributions, Iceland or Madagascar?
- Iceland, at 20.6% against 20.3% in Madagascar as of 2019.
- What is the difference in paying taxes: labor tax and contributions between Iceland and Madagascar?
- 0.3%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Madagascar?
- 15 years are reported by both, from 2005 to 2019.
- How do Iceland and Madagascar rank globally for paying taxes: labor tax and contributions?
- Iceland ranks 55th and Madagascar ranks 57th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Labor tax and contributions (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.