Taxes less subsidies on products in Madagascar
Madagascar: Taxes less subsidies on products was 1.48 billion current US$ in 2025. ◆ Volatile
Latest (2025)
1.48 billion current US$
Change on year
up 11.5%
World rank
117th
of 197 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$, in 1960.
Madagascar ranks 117th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Madagascar, year by year
| Year | current US$ | 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% |
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
- 114 Montenegro 2.03 billion current US$ compare
- 115 Bahamas 1.95 billion current US$ compare
- 116 Lao People's Democratic Republic 1.95 billion current US$ compare
- 118 Turkmenistan 1.39 billion current US$ compare
- 119 Trinidad and Tobago 1.38 billion current US$ compare
- 120 Papua New Guinea 1.38 billion current US$ compare
More economy & growth data for Madagascar
- Net primary income (Net income from abroad) (current LCU), annual 5.74 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 11.52 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0756 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 45.33 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 11.63 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 342.64 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 205,330 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 6,266 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 4,575 (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 117th out of 197 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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CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.