BD · AsiaMG · Africa
Bangladesh vs Madagascar: tax rates compared
Between the two, Bangladesh's income tax rate (30%) tops Madagascar's (25%) by 5pp. The 200-country average is 28%: Bangladesh sits above it, Madagascar sits below it. Bangladesh's figure is dated 2025-12-18 and Madagascar's 2026-01-01, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BD | MG | Difference |
|---|---|---|---|
| Income Tax | 30% | 25% | BD +5 pp |
| Corporate Tax | 27.5% | 20% | BD +7.5 pplargest gap |
| VAT | 15% | 20% | MG +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 30% | Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Taxes on personal income) · as of 2025-12-18 |
| Madagascar | 25% | Source: Ministère de l'Économie et des Finances (Madagascar) — Loi n° 2025-021 portant Loi de Finances pour 2026, Article 01.03.16 · as of 2026-01-01 |
| Difference | +5 pp | Bangladesh higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 27.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7.5 pp | Bangladesh higher |
Between the two, Bangladesh's corporate tax rate (27.5%) tops Madagascar's (20%) by 7.5pp. The 201-country average is 22.6%: Bangladesh sits above it, Madagascar sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 15% | Source: PWC Worldwide Tax Summaries — Bangladesh (Corporate, Other taxes) · as of 2025-12-18 |
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Difference | −5 pp | Madagascar higher |
Between the two, Madagascar's VAT rate (20%) tops Bangladesh's (15%) by 5pp. The 181-country average is 15%: Bangladesh matches the world average, Madagascar sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 0% | Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Other taxes / Taxes on personal income) · as of 2025-12-18 |
| Madagascar | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Bangladesh and Madagascar both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.