LR · AfricaMG · Africa
Liberia vs Madagascar: tax rates compared
There's no gap here — Liberia and Madagascar both post an income tax rate of 25%. The 200-country average is 28%: both sit below it.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | LR | MG | Difference |
|---|---|---|---|
| Income Tax | 25% | 25% | match |
| Corporate Tax | 25% | 20% | LR +5 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Liberia | 25% | Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Taxes on personal income) · as of 2026-01-14 |
| 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 | 0 pp | displayed rates match |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Liberia | 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 | Liberia higher |
Between the two, Liberia's corporate tax rate (25%) tops Madagascar's (20%) by 5pp. The 201-country average is 22.6%: Liberia sits above it, Madagascar sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Liberia | 0% | Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Other taxes) · as of 2026-01-14 |
| 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 |
There's no gap here — Liberia and Madagascar both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Liberia's figure is dated 2026-01-14 and Madagascar's 2025-11-18, so the two rates come from different data vintages.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.