MG · Africa ↔ MN · Asia

Madagascar vs Mongolia: tax rates compared

Mongolia has a corporate tax rate of 25%, 5pp above Madagascar's 20%. The 201-country average is 22.6%: Madagascar sits below it, Mongolia sits above 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%MG 20%MN 25%
Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppMongolia higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%MG 0%MN 0%
Wealth Tax, side by side
CountryRateSource
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Difference0 ppdisplayed rates match

Madagascar and Mongolia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Madagascar's figure is dated 2025-11-18 and Mongolia's 2026-06-08, so the two rates come from different data vintages.

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