Taxes on goods and services (current LCU), per unit of GDP in Malawi
Malawi: Taxes on goods and services (current LCU), per unit of GDP was 107.95 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Malawi, 2009–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Malawi recorded 107.95 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024. That is the highest value across all 16 years on record.
That represents a change of up 61.1% on the previous year and up 414.6% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Malawi peaked at 107.95 current LCU per US$ of GDP in 2024 and was at its lowest, 6.79 current LCU per US$ of GDP, in 2009.
Malawi ranks 14th of 157 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Malawi, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2009 | 6.79 current LCU per US$ of GDP | — |
| 2010 | 7.71 current LCU per US$ of GDP | +13.7% |
| 2011 | 7.98 current LCU per US$ of GDP | +3.5% |
| 2012 | 10.77 current LCU per US$ of GDP | +34.9% |
| 2013 | 14.83 current LCU per US$ of GDP | +37.6% |
| 2014 | 20.98 current LCU per US$ of GDP | +41.5% |
| 2015 | 21.95 current LCU per US$ of GDP | +4.7% |
| 2016 | 32.66 current LCU per US$ of GDP | +48.8% |
| 2017 | 37.82 current LCU per US$ of GDP | +15.8% |
| 2018 | 38.56 current LCU per US$ of GDP | +2.0% |
| 2019 | 39.54 current LCU per US$ of GDP | +2.5% |
| 2020 | 40.61 current LCU per US$ of GDP | +2.7% |
| 2021 | 42.22 current LCU per US$ of GDP | +4.0% |
| 2022 | 55.2 current LCU per US$ of GDP | +30.7% |
| 2023 | 66.99 current LCU per US$ of GDP | +21.4% |
| 2024 | 107.95 current LCU per US$ of GDP | +61.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.79 current LCU per US$ of GDP | 6.79 current LCU per US$ of GDP | 6.79 current LCU per US$ of GDP | 1 |
| 2010s | 23.28 current LCU per US$ of GDP | 7.71 current LCU per US$ of GDP | 39.54 current LCU per US$ of GDP | 10 |
| 2020s | 62.6 current LCU per US$ of GDP | 40.61 current LCU per US$ of GDP | 107.95 current LCU per US$ of GDP | 5 |
Countries ranked near Malawi
- 11 Burundi 191.11 current LCU per US$ of GDP compare
- 12 Tanzania 144.04 current LCU per US$ of GDP compare
- 13 Somalia 123.5 current LCU per US$ of GDP compare
- 15 Chile 96.95 current LCU per US$ of GDP compare
- 16 Iran 88.49 current LCU per US$ of GDP
- 17 Rwanda 69.09 current LCU per US$ of GDP compare
More public sector data for Malawi
- Arms imports 19.00 million SIPRI trend indicator values (2022)
- Arms imports (SIPRI trend indicator values), per capita 0.9237 SIPRI trend indicator values per person (2022)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0015 SIPRI trend indicator values per US$ of GDP (2022)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2016)
- Arms imports (SIPRI trend indicator values), gaps filled 19.00 million SIPRI trend indicator values (2022)
- Military expenditure (current USD), per capita 5.43 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0104 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -21.39 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 117.59 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 201.53 SIPRI trend indicator values per square kilometre (2022)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Malawi?
- Taxes on goods and services (current lcu), per unit of gdp in Malawi was 107.95 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Malawi?
- The highest recorded value was 107.95 current LCU per US$ of GDP in 2024.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Malawi?
- The lowest recorded value was 6.79 current LCU per US$ of GDP in 2009.
- How does Malawi rank for taxes on goods and services (current lcu), per unit of gdp?
- Malawi ranks 14th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Malawi?
- Over the last ten years it is up 414.6%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.