MG · AfricaSL · Africa
Madagascar vs Sierra Leone: tax rates compared
Sierra Leone's income tax rate is 5pp higher than Madagascar's (30% vs 25%). The 200-country average is 28%: Madagascar sits below it, Sierra Leone sits above it. Madagascar's figure is dated 2026-01-01 and Sierra Leone's 2021-01-01, 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 | SL | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | SL +5 pplargest gap |
| Corporate Tax | 20% | 25% | SL +5 pp |
| VAT | 20% | 15% | MG +5 pp |
| Wealth Tax | 0% | 0% | match |
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 |
| Sierra Leone | 30% | Source: Sierra Leone National Revenue Authority — 2022 NRA Tax Guide · as of 2021-01-01 |
| Difference | −5 pp | Sierra Leone higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Sierra Leone | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Sierra Leone higher |
Sierra Leone's corporate tax rate is 5pp higher than Madagascar's (25% vs 20%). The 201-country average is 22.6%: Madagascar sits below it, Sierra Leone sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Sierra Leone | 15% | Source: National Revenue Authority (Sierra Leone) — A Guide to the GST Legislation · as of 2009-03-01 |
| Difference | +5 pp | Madagascar higher |
Madagascar's VAT rate is 5pp higher than Sierra Leone's (20% vs 15%). The 181-country average is 15%: Madagascar sits above it, Sierra Leone matches the world average. Madagascar's figure is dated 2025-11-18 and Sierra Leone's 2009-03-01, 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 |
| Sierra Leone | 0% | Source: Sierra Leone National Revenue Authority — Tax Laws & Regulations (official index) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Madagascar's wealth tax rate is identical to Sierra Leone'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 Sierra Leone's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.