Taxes less subsidies on products (current US$) in Madagascar
Madagascar: Taxes less subsidies on products (current US$) was 1.48 billion current US$ in 2025. ◆ Volatile
Latest (2025)
1.48 billion current US$
Change on year
up 11.5%
World rank
118th
of 199 countries
All-time high
1.48 billion current US$
in 2025
All-time low
53.07 million current US$
in 1960
Years of data
51
1960–2025
Taxes less subsidies on products in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Madagascar recorded 1.48 billion current US$ for taxes less subsidies on products in 2025. That is the highest value across all 51 years on record.
That represents a change of up 11.5% on the previous year and up 100.5% over ten years.
Over the whole period, taxes less subsidies on products in Madagascar peaked at 1.48 billion current US$ in 2025 and was at its lowest, 53.07 million current US$, in 1960.
Madagascar ranks 118th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 53.07 million current US$ | — |
| 1961 | 55.09 million current US$ | +3.8% |
| 1962 | 59.96 million current US$ | +8.8% |
| 1963 | 66.44 million current US$ | +10.8% |
| 1964 | 72.92 million current US$ | +9.8% |
| 1965 | 79.81 million current US$ | +9.4% |
| 1966 | 84.26 million current US$ | +5.6% |
| 1967 | 87.50 million current US$ | +3.8% |
| 1968 | 102.49 million current US$ | +17.1% |
| 1969 | 111.28 million current US$ | +8.6% |
| 1970 | 117.03 million current US$ | +5.2% |
| 1971 | 137.84 million current US$ | +17.8% |
| 1972 | 145.23 million current US$ | +5.4% |
| 1973 | 179.02 million current US$ | +23.3% |
| 1974 | 207.73 million current US$ | +16.0% |
| 1975 | 247.31 million current US$ | +19.1% |
| 1976 | 238.13 million current US$ | -3.7% |
| 1977 | 251.15 million current US$ | +5.5% |
| 1978 | 310.66 million current US$ | +23.7% |
| 1979 | 394.42 million current US$ | +27.0% |
| 1995 | 190.95 million current US$ | -51.6% |
| 1996 | 234.85 million current US$ | +23.0% |
| 1997 | 228.04 million current US$ | -2.9% |
| 1998 | 257.21 million current US$ | +12.8% |
| 1999 | 296.79 million current US$ | +15.4% |
| 2000 | 316.26 million current US$ | +6.6% |
| 2001 | 299.84 million current US$ | -5.2% |
| 2002 | 222.21 million current US$ | -25.9% |
| 2003 | 382.40 million current US$ | +72.1% |
| 2004 | 339.05 million current US$ | -11.3% |
| 2005 | 397.08 million current US$ | +17.1% |
| 2006 | 403.71 million current US$ | +1.7% |
| 2007 | 560.30 million current US$ | +38.8% |
| 2008 | 747.39 million current US$ | +33.4% |
| 2009 | 555.71 million current US$ | -25.6% |
| 2010 | 626.61 million current US$ | +12.8% |
| 2011 | 719.56 million current US$ | +14.8% |
| 2012 | 708.60 million current US$ | -1.5% |
| 2013 | 796.26 million current US$ | +12.4% |
| 2014 | 792.59 million current US$ | -0.5% |
| 2015 | 740.21 million current US$ | -6.6% |
| 2016 | 784.22 million current US$ | +5.9% |
| 2017 | 849.90 million current US$ | +8.4% |
| 2018 | 1.03 billion current US$ | +21.3% |
| 2019 | 938.81 million current US$ | -9.0% |
| 2020 | 1.03 billion current US$ | +10.1% |
| 2021 | 1.14 billion current US$ | +10.6% |
| 2022 | 1.27 billion current US$ | +11.4% |
| 2023 | 1.22 billion current US$ | -4.6% |
| 2024 | 1.33 billion current US$ | +9.5% |
| 2025 | 1.48 billion current US$ | +11.5% |
Madagascar compared with similar countries
- Madagascar's 1.48 billion current US$ is above the median for low income countries, which is 868.01 million current US$, 1.7× the median. (22 countries reporting)
- Madagascar's 1.48 billion current US$ is above the median for Sub-Saharan Africa, which is 1.04 billion current US$, 1.4× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 77.28 million current US$ | 53.07 million current US$ | 111.28 million current US$ | 10 |
| 1970s | 222.85 million current US$ | 117.03 million current US$ | 394.42 million current US$ | 10 |
| 1990s | 241.57 million current US$ | 190.95 million current US$ | 296.79 million current US$ | 5 |
| 2000s | 422.40 million current US$ | 222.21 million current US$ | 747.39 million current US$ | 10 |
| 2010s | 798.81 million current US$ | 626.61 million current US$ | 1.03 billion current US$ | 10 |
| 2020s | 1.25 billion current US$ | 1.03 billion current US$ | 1.48 billion current US$ | 6 |
Countries ranked near Madagascar
- 115 Montenegro 2.03 billion current US$ compare
- 116 Bahamas 1.95 billion current US$ compare
- 117 Laos 1.95 billion current US$ compare
- 119 Turkmenistan 1.39 billion current US$ compare
- 120 Trinidad and Tobago 1.38 billion current US$ compare
- 121 Papua New Guinea 1.38 billion current US$ compare
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products in Madagascar?
- Taxes less subsidies on products in Madagascar was 1.48 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Madagascar?
- The highest recorded value was 1.48 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Madagascar?
- The lowest recorded value was 53.07 million current US$ in 1960.
- How does Madagascar rank for taxes less subsidies on products?
- Madagascar ranks 118th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Madagascar?
- Over the last ten years it is up 100.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.