Malawi vs Singapore: Taxes on income, profits and capital gains
Malawi
39.2%
in 2024
Singapore
39.0%
in 2024
Malawi rank
16th
Singapore rank
18th
Taxes on income, profits and capital gains over time
- Malawi
- Singapore
How they compare
Malawi currently reports 39.2% against 39.0% in Singapore, a difference of 0.2%.
The two have swapped places 5 times across 16 shared years of data; in 2009 it was Singapore ahead.
Malawi ranks 16th and Singapore ranks 18th of 153 countries.
Across the 3 decades both report, Malawi averaged higher in 1 and Singapore in 2.
Head to head by decade
| Decade | Malawi | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.8% | 35.7% | 10.9% | Singapore |
| 2010s | 35.4% | 33.1% | 2.2% | Malawi |
| 2020s | 37.9% | 38.3% | 0.4% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Malawi or Singapore?
- Malawi, at 39.2% against 39.0% in Singapore as of 2024.
- What is the difference in taxes on income, profits and capital gains between Malawi and Singapore?
- 0.2%, with Malawi ahead.
- How many years of comparable data are there for Malawi and Singapore?
- 16 years are reported by both, from 2009 to 2024.
- How do Malawi and Singapore rank globally for taxes on income, profits and capital gains?
- Malawi ranks 16th and Singapore ranks 18th 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.