BO · AmericasMG · Africa
Bolivia vs Madagascar: tax rates compared
Madagascar has an income tax rate of 25%, 12pp above Bolivia's 13%. The 200-country average is 28%: both sit below it.
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 | BO | MG | Difference |
|---|---|---|---|
| Income Tax | 13% | 25% | MG +12 pplargest gap |
| Corporate Tax | 25% | 20% | BO +5 pp |
| VAT | 13% | 20% | MG +7 pp |
| Wealth Tax | 2.4% | 0% | BO +2.4 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bolivia | 13% | Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Taxes on personal income) · as of 2026-03-26 |
| 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 | −12 pp | Madagascar higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bolivia | 25% | 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 | +5 pp | Bolivia higher |
Bolivia has a corporate tax rate of 25%, 5pp above Madagascar's 20%. The 201-country average is 22.6%: Bolivia sits above it, Madagascar sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bolivia | 13% | Source: PWC Worldwide Tax Summaries — Bolivia (Corporate, Other taxes) · as of 2026-03-26 |
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Difference | −7 pp | Madagascar higher |
Madagascar has a VAT rate of 20%, 7pp above Bolivia's 13%. The 181-country average is 15%: Bolivia sits below it, Madagascar sits above it. Bolivia's figure is dated 2026-03-26 and Madagascar's 2025-11-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bolivia | 2.4% | Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Other taxes) · as of 2026-03-26 |
| Madagascar | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18 |
| Difference | +2.4 pp | Bolivia higher |
Bolivia has a wealth tax rate of 2.4%, 2.4pp above Madagascar's 0%. The 193-country average is 0.1%: Bolivia sits above it, Madagascar sits below it. Bolivia's figure is dated 2026-03-26 and Madagascar's 2025-11-18, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.