Malawi vs Philippines: Taxes on income, profits and capital gains
Malawi
1.57 trillion current LCU
in 2024
Philippines
1.53 trillion current LCU
in 2024
Malawi rank
30th
Philippines rank
31st
Taxes on income, profits and capital gains over time
- Malawi
- Philippines
How they compare
Malawi currently reports 1.57 trillion current LCU against 1.53 trillion current LCU in Philippines, a difference of 39.40 billion current LCU.
The two have swapped places 1 time across 16 shared years of data; in 2009 it was Philippines ahead.
Malawi ranks 30th and Philippines ranks 31st of 153 countries.
Philippines has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Malawi | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 51.59 billion current LCU | 435.37 billion current LCU | 383.78 billion current LCU | Philippines |
| 2010s | 235.50 billion current LCU | 819.96 billion current LCU | 584.46 billion current LCU | Philippines |
| 2020s | 889.70 billion current LCU | 1.26 trillion current LCU | 365.72 billion current LCU | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Malawi or Philippines?
- Malawi, at 1.57 trillion current LCU against 1.53 trillion current LCU in Philippines as of 2024.
- What is the difference in taxes on income, profits and capital gains between Malawi and Philippines?
- 39.40 billion current LCU, with Malawi ahead.
- How many years of comparable data are there for Malawi and Philippines?
- 16 years are reported by both, from 2009 to 2024.
- How do Malawi and Philippines rank globally for taxes on income, profits and capital gains?
- Malawi ranks 30th and Philippines ranks 31st of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.