MG · AfricaML · Africa

Madagascar vs Mali: tax rates compared

Mali's income tax rate is 12pp higher than Madagascar's (37% vs 25%). The 200-country average is 28%: Madagascar sits below it, Mali sits above it. Madagascar's figure is dated 2026-01-01 and Mali's 2015-07-01, 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%37%Corporate20%30%VAT18%20%Wealth Tax0%
four shared taxes, side by side
Tax MG MLDifference
Income Tax25%37%ML +12 pplargest gap
Corporate Tax20%30%ML +10 pp
VAT20%18%MG +2 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
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
Mali37%Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01
Difference−12 ppMali higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mali30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppMali higher

Mali's corporate tax rate is 10pp higher than Madagascar's (30% vs 20%). The 201-country average is 22.6%: Madagascar sits below it, Mali sits above it.

VAT

VAT, side by side
CountryRateSource
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Mali18%Source: Direction Générale des Impôts du Mali — "C'est quoi la TVA" (La Taxe sur la Valeur Ajoutée N°1) · as of 2020-04-01
Difference+2 ppMadagascar higher

Madagascar's VAT rate is 2pp higher than Mali's (20% vs 18%). The 181-country average is 15%: both sit above it. Madagascar's figure is dated 2025-11-18 and Mali's 2020-04-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Mali0%Source: Direction Générale des Impôts du Mali — official site · as of 2026-07-18
Difference0 ppdisplayed rates match

Madagascar's wealth tax rate is identical to Mali's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Madagascar's figure is dated 2025-11-18 and Mali's 2026-07-18, so the two rates come from different data vintages.

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