MG · AfricaNO · Europe
Madagascar vs Norway: tax rates compared
Norway has an income tax rate of 39.7%, 14.7pp above Madagascar's 25%. The 200-country average is 28%: Madagascar sits below it, Norway sits above it. Madagascar's figure is dated 2026-01-01 and Norway's 2025-01-01, 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
| Tax | MG | NO | Difference |
|---|---|---|---|
| Income Tax | 25% | 39.7% | NO +14.7 pplargest gap |
| Corporate Tax | 20% | 22% | NO +2 pp |
| VAT | 20% | 25% | NO +5 pp |
| Wealth Tax | 0% | 1.1% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| 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 |
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −14.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2 pp | Norway higher |
Norway has a corporate tax rate of 22%, 2pp above Madagascar's 20%. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Difference | −5 pp | Norway higher |
Norway has a VAT rate of 25%, 5pp above Madagascar's 20%. The 181-country average is 15%: both sit above it. Madagascar's figure is dated 2025-11-18 and Norway's 2026-06-25, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18 |
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Difference | −1.1 pp | Norway higher |
Norway has a wealth tax rate of 1.1%, 1.1pp above Madagascar's 0%. The 193-country average is 0.1%: Madagascar sits below it, Norway sits above it. Madagascar's figure is dated 2025-11-18 and Norway's 2026-01-01, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.