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Colombia vs Malawi: tax rates compared
Malawi's income tax rate is 1pp higher than Colombia's (40% vs 39%). 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
| Tax | CO | MW | Difference |
|---|---|---|---|
| Income Tax | 39% | 40% | MW +1 pp |
| Corporate Tax | 35% | 30% | CO +5 pp |
| VAT | 19% | 17.5% | CO +1.5 pp |
| Capital Gains Tax | 15% | 40% | MW +25 pplargest gap |
| Wealth Tax | 1.5% | 0% | CO +1.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Malawi | 40% | Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30 |
| Difference | −1 pp | Malawi higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Malawi | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Colombia higher |
Colombia's corporate tax rate is 5pp higher than Malawi's (35% vs 30%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| Malawi | 17.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01 |
| Difference | +1.5 pp | Colombia higher |
Colombia's VAT rate is 1.5pp higher than Malawi's (19% vs 17.5%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 15% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Malawi | 40% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01 |
| Difference | −25 pp | Malawi higher |
Malawi's capital gains tax rate is 25pp higher than Colombia's (40% vs 15%). The 175-country average is 10.3%: both sit above it. Colombia's figure is dated 2026-01-23 and Malawi's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Malawi | 0% | Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18 |
| Difference | +1.5 pp | Colombia higher |
Colombia's wealth tax rate is 1.5pp higher than Malawi's (1.5% vs 0%). The 193-country average is 0.1%: Colombia sits above it, Malawi sits below it.
Not covered for both countries yet: Crypto Tax.