MG · Africa ↔ VE · Americas

Madagascar vs Venezuela: tax rates compared

Venezuela has a corporate tax rate of 34%, 14pp above Madagascar's 20%. The 201-country average is 22.6%: Madagascar sits below it, Venezuela sits above it.

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

Corporate Tax

0102030405060World avg 22.6%MG 20%VE 34%
Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Venezuela34%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−14 ppVenezuela higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%MG 0%VE 0.3%
Wealth Tax, side by side
CountryRateSource
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Venezuela0.3%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12
Difference−0.3 ppVenezuela higher

Venezuela has a wealth tax rate of 0.3%, 0.3pp above Madagascar's 0%. The 193-country average is 0.1%: Madagascar sits below it, Venezuela sits above it. Madagascar's figure is dated 2025-11-18 and Venezuela's 2026-01-12, so the two rates come from different data vintages.

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