MG · AfricaSA · Asia

Madagascar vs Saudi Arabia: tax rates compared

Madagascar's income tax rate is 25pp higher than Saudi Arabia's (25% vs 0%). The 200-country average is 28%: both sit below 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

0102030405060Income0%25%Corporate20%VAT15%20%Wealth Tax0%
four shared taxes, side by side
Tax MG SADifference
Income Tax25%0%MG +25 pplargest gap
Corporate Tax20%20%match
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
Saudi Arabia0%Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Taxes on personal income) · as of 2026-01-14
Difference+25 ppMadagascar higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Saudi Arabia20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Madagascar's corporate tax rate is identical to Saudi Arabia's — both sit at 20%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Saudi Arabia15%Source: PWC Worldwide Tax Summaries — Saudi Arabia (Corporate, Other taxes) · as of 2020-07-01
Difference+5 ppMadagascar higher

Madagascar's VAT rate is 5pp higher than Saudi Arabia's (20% vs 15%). The 181-country average is 15%: Madagascar sits above it, Saudi Arabia matches the world average. Madagascar's figure is dated 2025-11-18 and Saudi Arabia's 2020-07-01, 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
Saudi Arabia0%Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Other taxes) · as of 2026-01-14
Difference0 ppdisplayed rates match

Madagascar's wealth tax rate is identical to Saudi Arabia'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 Saudi Arabia's 2026-01-14, so the two rates come from different data vintages.

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