MG · AfricaPW · Oceania

Madagascar vs Palau: tax rates compared

Madagascar's income tax rate is 13pp higher than Palau's (25% vs 12%). The 200-country average is 28%: both sit below it.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income12%25%VAT10%20%Wealth Tax0%
three shared taxes, side by side
Tax MG PWDifference
Income Tax25%12%MG +13 pplargest gap
VAT20%10%MG +10 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
Palau12%Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20
Difference+13 ppMadagascar higher

VAT

VAT, side by side
CountryRateSource
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Palau10%Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01
Difference+10 ppMadagascar higher

Madagascar's VAT rate is 10pp higher than Palau's (20% vs 10%). The 181-country average is 15%: Madagascar sits above it, Palau sits below it. Madagascar's figure is dated 2025-11-18 and Palau's 2023-01-01, 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
Palau0%Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · as of 2026-07-18
Difference0 ppdisplayed rates match

Madagascar's wealth tax rate is identical to Palau'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 Palau's 2026-07-18, so the two rates come from different data vintages.

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