Paying taxes: Profit tax in Madagascar

Madagascar: Paying taxes: Profit tax was 16.6% in 2019. ▼ Falling

Latest (2019)
16.6%
Change on year
unchanged
World rank
91st
of 190 countries
All-time high
24.1%
in 2008
All-time low
16.3%
in 2014
Years of data
15
2005–2019

Paying taxes: Profit tax in Madagascar, 2005–2019

05101520252005201220192005: 22 % of profits2006: 22 % of profits2007: 22 % of profits2008: 24.1 % of profits2009: 20.4 % of profits2010: 19.6 % of profits2011: 18.8 % of profits2012: 18 % of profits2013: 17.1 % of profits2014: 16.3 % of profits2015: 16.3 % of profits2016: 16.3 % of profits2017: 16.3 % of profits2018: 16.6 % of profits2019: 16.6 % of profits

Source: World Bank. Measured in % of profits.

Analysis

The most recent figure for paying taxes: profit tax in Madagascar is 16.6%, measured in 2019.

The figure is down 18.6% over ten years.

Over the whole period, paying taxes: profit tax in Madagascar peaked at 24.1% in 2008 and was at its lowest, 16.3%, in 2014.

That places Madagascar 91st out of 190 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Paying taxes: Profit tax in Madagascar, year by year

Annual values for Paying taxes: Profit tax (% of profits) in Madagascar, 2005 to 2019.
Year % of profits Change
2005 22.0%
2006 22.0% +0.0%
2007 22.0% +0.0%
2008 24.1% +9.5%
2009 20.4% -15.4%
2010 19.6% -3.9%
2011 18.8% -4.1%
2012 18.0% -4.3%
2013 17.1% -5.0%
2014 16.3% -4.7%
2015 16.3% +0.0%
2016 16.3% +0.0%
2017 16.3% +0.0%
2018 16.6% +1.8%
2019 16.6% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.1% 20.4% 24.1% 5
2010s 17.2% 16.3% 19.6% 10

Countries ranked near Madagascar

  1. 88 Austria 17.1% compare
  2. 88 Denmark 17.1% compare
  3. 90 Namibia 16.7% compare
  4. 91 El Salvador 16.6% compare
  5. 91 United Kingdom of Great Britain and Northern Ireland 16.6% compare
  6. 94 Hong Kong, China 16.5% compare

See the full ranking of 190 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is paying taxes: profit tax in Madagascar?
Paying taxes: profit tax in Madagascar was 16.6% in 2019, according to the World Bank.
What is the highest paying taxes: profit tax recorded in Madagascar?
The highest recorded value was 24.1% in 2008.
What is the lowest paying taxes: profit tax recorded in Madagascar?
The lowest recorded value was 16.3% in 2014.
How does Madagascar rank for paying taxes: profit tax?
Madagascar ranks 91st out of 190 countries with data for 2019.
Is paying taxes: profit tax rising or falling in Madagascar?
Over the last ten years it is down 18.6%. The long-run trend across the full record is falling.
Where does this Madagascar data come from?
The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.

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Paying taxes: Profit tax in Madagascar. Statizoid. Retrieved 03 September 2026, from https://reference.statizoid.com/stat/paying-taxes-profit-tax-percent-of-profits/madagascar/

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About this data

Indicator
Paying taxes: Profit tax (% of profits)
Unit
% of profits
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 2,789 data points, 2005–2019
Last refreshed

The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.