Effective bank tax rate reached 22.5% in first quarter of 2021 in Madagascar, according to the National Central Bank. This is 9.34% more than in the previous quarter.
Historically, effective bank tax rate in Madagascar reached an all time high of 55.2% in 4Q2011 and an all time low of 17.2% in 2Q2012.
Madagascar has been ranked 20th within the group of 49 countries we follow in terms of effective bank tax rate.
Buy annual subscriptions for all our products.
Helgi Library 
