CI · AfricaMG · Africa

Ivory Coast vs Madagascar: tax rates compared

Between the two, Ivory Coast's income tax rate (32%) tops Madagascar's (25%) by 7pp. The 200-country average is 28%: Ivory Coast sits above it, Madagascar sits 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

0102030405060Income25%32%Corporate20%25%VAT18%20%Wealth Tax0%
four shared taxes, side by side
Tax CI MGDifference
Income Tax32%25%CI +7 pplargest gap
Corporate Tax25%20%CI +5 pp
VAT18%20%MG +2 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Ivory Coast32%Source: PWC Worldwide Tax Summaries — Ivory Coast (Côte d'Ivoire) (Individual, Taxes on personal income) · as of 2026-03-11
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+7 ppIvory Coast higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ivory Coast25%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+5 ppIvory Coast higher

Between the two, Ivory Coast's corporate tax rate (25%) tops Madagascar's (20%) by 5pp. The 201-country average is 22.6%: Ivory Coast sits above it, Madagascar sits below it.

VAT

VAT, side by side
CountryRateSource
Ivory Coast18%Source: PWC Worldwide Tax Summaries — Ivory Coast (Côte d'Ivoire) (Corporate, Other taxes) · as of 2026-03-11
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Difference−2 ppMadagascar higher

Between the two, Madagascar's VAT rate (20%) tops Ivory Coast's (18%) by 2pp. The 181-country average is 15%: both sit above it. Ivory Coast's figure is dated 2026-03-11 and Madagascar's 2025-11-18, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Ivory Coast0%Source: PWC Worldwide Tax Summaries — Ivory Coast (Cote d'Ivoire) (Individual, Other taxes) · as of 2026-03-11
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Difference0 ppdisplayed rates match

There's no gap here — Ivory Coast and Madagascar both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Ivory Coast's figure is dated 2026-03-11 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.