MG · AfricaNA · Africa

Madagascar vs Namibia: tax rates compared

Namibia's income tax rate is 12pp higher than Madagascar's (37% vs 25%). The 200-country average is 28%: Madagascar sits below it, Namibia sits above it. Madagascar's figure is dated 2026-01-01 and Namibia's 2025-03-01, 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%VAT15%20%Wealth Tax0%
four shared taxes, side by side
Tax MG NADifference
Income Tax25%37%NA +12 pplargest gap
Corporate Tax20%30%NA +10 pp
VAT20%15%MG +5 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
Namibia37%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Taxes on personal income) · as of 2025-03-01
Difference−12 ppNamibia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Namibia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppNamibia higher

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

VAT

VAT, side by side
CountryRateSource
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Namibia15%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Corporate, Other taxes) · as of 2026-07-16
Difference+5 ppMadagascar higher

Madagascar's VAT rate is 5pp higher than Namibia's (20% vs 15%). The 181-country average is 15%: Madagascar sits above it, Namibia matches the world average. Madagascar's figure is dated 2025-11-18 and Namibia's 2026-07-16, 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
Namibia0%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Other taxes) · as of 2026-07-16
Difference0 ppdisplayed rates match

Madagascar's wealth tax rate is identical to Namibia'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 Namibia's 2026-07-16, so the two rates come from different data vintages.

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