Ghana vs Malawi: Taxes on income, profits and capital gains
Ghana
39.5%
in 2023
Malawi
39.2%
in 2024
Ghana rank
15th
Malawi rank
16th
Taxes on income, profits and capital gains over time
- Ghana
- Malawi
How they compare
Ghana currently reports 39.5% against 39.2% in Malawi, a difference of 0.3%.
The two have swapped places 3 times across 15 shared years of data; in 2009 it was Malawi ahead.
Ghana ranks 15th and Malawi ranks 16th of 153 countries.
Across the 3 decades both report, Ghana averaged higher in 1 and Malawi in 2.
Head to head by decade
| Decade | Ghana | Malawi | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.6% | 24.8% | 2.2% | Malawi |
| 2010s | 32.9% | 35.4% | 2.5% | Malawi |
| 2020s | 40.5% | 37.6% | 3.0% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Ghana or Malawi?
- Ghana, at 39.5% against 39.2% in Malawi as of 2023.
- What is the difference in taxes on income, profits and capital gains between Ghana and Malawi?
- 0.3%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Malawi?
- 15 years are reported by both, from 2009 to 2023.
- How do Ghana and Malawi rank globally for taxes on income, profits and capital gains?
- Ghana ranks 15th and Malawi ranks 16th 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.