GR · EuropeMG · Africa
Greece vs Madagascar: tax rates compared
Greece's income tax rate is 19pp higher than Madagascar's (44% vs 25%). The 200-country average is 28%: Greece sits above it, Madagascar sits below it. Greece's figure is dated 2025-01-01 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 | GR | MG | Difference |
|---|---|---|---|
| Income Tax | 44% | 25% | GR +19 pplargest gap |
| Corporate Tax | 22% | 20% | GR +2 pp |
| VAT | 24% | 20% | GR +4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 44% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| 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 | +19 pp | Greece higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 22% | 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 | +2 pp | Greece higher |
Greece's corporate tax rate is 2pp higher than Madagascar's (22% vs 20%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Greece | 24% | Source: PWC Worldwide Tax Summaries — Greece (Corporate, Other taxes) · as of 2026-02-16 |
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Difference | +4 pp | Greece higher |
Greece's VAT rate is 4pp higher than Madagascar's (24% vs 20%). The 181-country average is 15%: both sit above it. Greece's figure is dated 2026-02-16 and Madagascar's 2025-11-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-16 |
| 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 |
Greece's wealth tax rate is identical to Madagascar's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Greece's figure is dated 2026-02-16 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.