MG · AfricaZA · Africa
Madagascar vs South Africa: tax rates compared
Between the two, South Africa's income tax rate (45%) tops Madagascar's (25%) by 20pp. The 200-country average is 28%: Madagascar sits below it, South Africa 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
| Tax | MG | ZA | Difference |
|---|---|---|---|
| Income Tax | 25% | 45% | ZA +20 pplargest gap |
| Corporate Tax | 20% | 27% | ZA +7 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 |
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Difference | −20 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Africa | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7 pp | South Africa higher |
Between the two, South Africa's corporate tax rate (27%) tops Madagascar's (20%) by 7pp. The 201-country average is 22.6%: Madagascar sits below it, South Africa sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | +5 pp | Madagascar higher |
Between the two, Madagascar's VAT rate (20%) tops South Africa's (15%) by 5pp. The 181-country average is 15%: Madagascar sits above it, South Africa matches the world average. Madagascar's figure is dated 2025-11-18 and South Africa's 2026-05-29, 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 |
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Madagascar and South Africa both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Madagascar's figure is dated 2025-11-18 and South Africa's 2026-05-29, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.