MG · AfricaSE · Europe

Madagascar vs Sweden: tax rates compared

Sweden's income tax rate is 27.4pp higher than Madagascar's (52.4% vs 25%). The 200-country average is 28%: Madagascar sits below it, Sweden sits above it. Madagascar's figure is dated 2026-01-01 and Sweden's 2025-01-01, 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

0102030405060Income25%52.4%Corporate20%20.6%VAT20%25%Wealth Tax0%
four shared taxes, side by side
Tax MG SEDifference
Income Tax25%52.4%SE +27.4 pplargest gap
Corporate Tax20%20.6%SE +0.6 pp
VAT20%25%SE +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
Sweden52.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−27.4 ppSweden higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sweden20.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−0.6 ppSweden higher

Sweden's corporate tax rate is 0.6pp higher than Madagascar's (20.6% vs 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
Sweden25%Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17
Difference−5 ppSweden higher

Sweden's VAT rate is 5pp higher than Madagascar's (25% vs 20%). The 181-country average is 15%: both sit above it.

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
Sweden0%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

Madagascar's wealth tax rate is identical to Sweden'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 Sweden's 2026-02-09, so the two rates come from different data vintages.

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