EE · EuropeMW · Africa

Estonia vs Malawi: tax rates compared

Malawi has an income tax rate of 40%, 18pp above Estonia's 22%. The 200-country average is 28%: Estonia sits below it, Malawi sits 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

0102030405060Income22%40%Corporate22%30%VAT17.5%24%Capital Gains22%40%Wealth Tax0%
five shared taxes, side by side
Tax EE MWDifference
Income Tax22%40%MW +18 pplargest gap
Corporate Tax22%30%MW +8 pp
VAT24%17.5%EE +6.5 pp
Capital Gains Tax22%40%MW +18 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Estonia22%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Difference−18 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Estonia22%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−8 ppMalawi higher

Malawi has a corporate tax rate of 30%, 8pp above Estonia's 22%. The 201-country average is 22.6%: Estonia sits below it, Malawi sits above it.

VAT

VAT, side by side
CountryRateSource
Estonia24%Source: Estonian Tax and Customs Board (EMTA) — Value added tax · as of 2025-07-01
Malawi17.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01
Difference+6.5 ppEstonia higher

Estonia has a VAT rate of 24%, 6.5pp above Malawi's 17.5%. The 181-country average is 15%: both sit above it. Estonia's figure is dated 2025-07-01 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
Estonia22%Source: PwC Worldwide Tax Summaries — Estonia, Individual - Taxes on personal income · as of 2026-05-29
Malawi40%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01
Difference−18 ppMalawi higher

Malawi has a capital gains tax rate of 40%, 18pp above Estonia's 22%. The 175-country average is 10.3%: both sit above it. Estonia's figure is dated 2026-05-29 and Malawi's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Estonia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-29
Malawi0%Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18
Difference0 ppdisplayed rates match

Estonia and Malawi share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.