Taxes on goods and services in Madagascar
Madagascar: Taxes on goods and services was 4.74 trillion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Madagascar, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on goods and services in Madagascar stood at 4.74 trillion current LCU. That is the highest value across all 28 years on record.
That represents a change of up 29.8% on the previous year and up 198.9% over ten years.
Over the whole period, taxes on goods and services in Madagascar peaked at 4.74 trillion current LCU in 2024 and was at its lowest, 16.84 billion current LCU, in 1991.
That places Madagascar 21st out of 157 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.05 billion current LCU | 16.84 billion current LCU | 62.08 billion current LCU | 6 |
| 2000s | 343.54 billion current LCU | 211.49 billion current LCU | 524.70 billion current LCU | 7 |
| 2010s | 1.88 trillion current LCU | 1.02 trillion current LCU | 3.03 trillion current LCU | 10 |
| 2020s | 3.47 trillion current LCU | 2.66 trillion current LCU | 4.74 trillion current LCU | 5 |
Countries ranked near Madagascar
- 18 Kazakhstan 6.05 trillion current LCU compare
- 19 China 5.69 trillion current LCU compare
- 20 Turkey 4.95 trillion current LCU compare
- 22 Democratic Republic of Congo 4.54 trillion current LCU compare
- 23 Myanmar 4.06 trillion current LCU compare
- 24 Costa Rica 3.65 trillion current LCU compare
More public sector data for Madagascar
- Arms imports 1.00 million SIPRI trend indicator values (2020)
- Tax revenue 10.9% (2024)
- Taxes on income, profits and capital gains 19.8% (2024)
- Taxes on goods and services 41.2% (2024)
- Net investment in nonfinancial assets 6.5% (2024)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 4.8% (2024)
- Grants and other revenue 19.5% (2024)
- Interest payments 6.3% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is taxes on goods and services in Madagascar?
- Taxes on goods and services in Madagascar was 4.74 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Madagascar?
- The highest recorded value was 4.74 trillion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Madagascar?
- The lowest recorded value was 16.84 billion current LCU in 1991.
- How does Madagascar rank for taxes on goods and services?
- Madagascar ranks 21st out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Madagascar?
- Over the last ten years it is up 198.9%. The long-run trend across the full record is volatile.
- 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 goods and services (current LCU). 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
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.