CM · AfricaMW · Africa

Cameroon vs Malawi: tax rates compared

Malawi has an income tax rate of 40%, 1.5pp above Cameroon's 38.5%. The 200-country average is 28%: both sit above it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income38.5%40%Corporate30%33%VAT17.5%19.3%Capital Gains16.5%40%Wealth Tax0%
five shared taxes, side by side
Tax CM MWDifference
Income Tax38.5%40%MW +1.5 pp
Corporate Tax33%30%CM +3 pp
VAT19.3%17.5%CM +1.8 pp
Capital Gains Tax16.5%40%MW +23.5 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cameroon38.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Difference−1.5 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cameroon33%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppCameroon higher

Cameroon has a corporate tax rate of 33%, 3pp above Malawi's 30%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Cameroon19.3%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Corporate, Other taxes) · as of 2025-12-31
Malawi17.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01
Difference+1.8 ppCameroon higher

Cameroon has a VAT rate of 19.3%, 1.8pp above Malawi's 17.5%. The 181-country average is 15%: both sit above it. Cameroon's figure is dated 2025-12-31 and Malawi's 2026-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Cameroon16.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Income determination) · as of 2025-12-31
Malawi40%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01
Difference−23.5 ppMalawi higher

Malawi has a capital gains tax rate of 40%, 23.5pp above Cameroon's 16.5%. The 175-country average is 10.3%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cameroon0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Malawi0%Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18
Difference0 ppdisplayed rates match

Cameroon and Malawi share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Cameroon's figure is dated 2025-12-31 and Malawi's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.