CM · AfricaMG · Africa

Cameroon vs Madagascar: tax rates compared

Cameroon's income tax rate is 13.5pp higher than Madagascar's (38.5% vs 25%). The 200-country average is 28%: Cameroon sits above it, Madagascar sits below it. Cameroon's figure is dated 2025-12-31 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

0102030405060Income25%38.5%Corporate20%33%VAT19.3%20%Wealth Tax0%
four shared taxes, side by side
Tax CM MGDifference
Income Tax38.5%25%CM +13.5 pplargest gap
Corporate Tax33%20%CM +13 pp
VAT19.3%20%MG +0.7 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cameroon38.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Madagascar25%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+13.5 ppCameroon higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cameroon33%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+13 ppCameroon higher

Cameroon's corporate tax rate is 13pp higher than Madagascar's (33% vs 20%). The 201-country average is 22.6%: Cameroon sits above it, Madagascar sits below it.

VAT

VAT, side by side
CountryRateSource
Cameroon19.3%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Corporate, Other taxes) · as of 2025-12-31
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Difference−0.7 ppMadagascar higher

Madagascar's VAT rate is 0.7pp higher than Cameroon's (20% vs 19.3%). The 181-country average is 15%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cameroon0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Difference0 ppdisplayed rates match

Cameroon's wealth tax rate is identical to Madagascar's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.