Taxes on goods and services in Malawi
Malawi: Taxes on goods and services was 30.5% in 2024. ▲ Rising
Taxes on goods and services in Malawi, 2009–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Malawi recorded 30.5% for taxes on goods and services in 2024.
That represents a change of up 1.9% on the previous year and down 15.0% over ten years.
Over the whole period, taxes on goods and services in Malawi peaked at 38.6% in 2019 and was at its lowest, 25.3%, in 2013.
Malawi ranks 84th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes on goods and services in Malawi, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2009 | 29.4% | — |
| 2010 | 30.5% | +3.6% |
| 2011 | 34.2% | +12.1% |
| 2012 | 36.7% | +7.4% |
| 2013 | 25.3% | -31.2% |
| 2014 | 35.9% | +41.9% |
| 2015 | 33.2% | -7.4% |
| 2016 | 33.8% | +1.7% |
| 2017 | 33.8% | +0.1% |
| 2018 | 37.8% | +11.9% |
| 2019 | 38.6% | +2.0% |
| 2020 | 37.8% | -2.1% |
| 2021 | 37.2% | -1.6% |
| 2022 | 32.7% | -11.9% |
| 2023 | 29.9% | -8.7% |
| 2024 | 30.5% | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.4% | 29.4% | 29.4% | 1 |
| 2010s | 34.0% | 25.3% | 38.6% | 10 |
| 2020s | 33.6% | 29.9% | 37.8% | 5 |
Countries ranked near Malawi
- 81 Lithuania 31.0% compare
- 82 Mozambique 30.5% compare
- 83 Tunisia 30.5%
- 85 Indonesia 30.2%
- 86 Kazakhstan 30.0% compare
- 87 Tonga 30.0% 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 in Malawi?
- Taxes on goods and services in Malawi was 30.5% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Malawi?
- The highest recorded value was 38.6% in 2019.
- What is the lowest taxes on goods and services recorded in Malawi?
- The lowest recorded value was 25.3% in 2013.
- How does Malawi rank for taxes on goods and services?
- Malawi ranks 84th out of 156 countries with data for 2024.
- Is taxes on goods and services rising or falling in Malawi?
- Over the last ten years it is down 15.0%. The long-run trend across the full record is rising.
- Where does this Malawi data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.