CO · Americas ↔ MG · Africa

Colombia vs Madagascar: tax rates compared

Between the two, Colombia's corporate tax rate (35%) tops Madagascar's (20%) by 15pp. The 201-country average is 22.6%: Colombia sits above it, Madagascar sits below it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%CO 35%MG 20%
Corporate Tax, side by side
CountryRateSource
Colombia35%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+15 ppColombia higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%CO 1.5%MG 0%
Wealth Tax, side by side
CountryRateSource
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Difference+1.5 ppColombia higher

Between the two, Colombia's wealth tax rate (1.5%) tops Madagascar's (0%) by 1.5pp. The 193-country average is 0.1%: Colombia sits above it, Madagascar sits below it. Colombia's figure is dated 2026-01-23 and Madagascar's 2025-11-18, so the two rates come from different data vintages.

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