Malawi vs Singapore: Taxes on income, profits and capital gains
Malawi
51.3%
in 2024
Singapore
51.0%
in 2024
Malawi rank
29th
Singapore rank
31st
Taxes on income, profits and capital gains over time
- Malawi
- Singapore
How they compare
Malawi currently reports 51.3% against 51.0% in Singapore, a difference of 0.3%.
The two have swapped places 3 times across 16 shared years of data; in 2009 it was Singapore ahead.
Malawi ranks 29th and Singapore ranks 31st 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 | 40.8% | 47.0% | 6.2% | Singapore |
| 2010s | 46.1% | 45.4% | 0.7% | Malawi |
| 2020s | 48.3% | 51.5% | 3.2% | 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 51.3% against 51.0% in Singapore as of 2024.
- What is the difference in taxes on income, profits and capital gains between Malawi and Singapore?
- 0.3%, 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 29th and Singapore 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 (% of total taxes). 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.