MG · AfricaPK · Asia

Madagascar vs Pakistan: tax rates compared

Pakistan has an income tax rate of 35%, 10pp above Madagascar's 25%. The 200-country average is 28%: Madagascar sits below it, Pakistan sits above it.

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%35%Corporate20%29%VAT18%20%Wealth Tax0%
four shared taxes, side by side
Tax MG PKDifference
Income Tax25%35%PK +10 pplargest gap
Corporate Tax20%29%PK +9 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
Pakistan35%Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Taxes on personal income) · as of 2026-01-19
Difference−10 ppPakistan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Pakistan29%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−9 ppPakistan higher

Pakistan has a corporate tax rate of 29%, 9pp above Madagascar's 20%. The 201-country average is 22.6%: Madagascar sits below it, Pakistan sits above it.

VAT

VAT, side by side
CountryRateSource
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Pakistan18%Source: PWC Worldwide Tax Summaries — Pakistan (Corporate, Other taxes) · as of 2026-01-19
Difference+2 ppMadagascar higher

Madagascar has a VAT rate of 20%, 2pp above Pakistan's 18%. The 181-country average is 15%: both sit above it. Madagascar's figure is dated 2025-11-18 and Pakistan's 2026-01-19, 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
Pakistan0%Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Other taxes) · as of 2026-01-19
Difference0 ppdisplayed rates match

Madagascar and Pakistan 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 Pakistan's 2026-01-19, so the two rates come from different data vintages.

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