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Grenada vs Malawi: tax rates compared

Malawi's income tax rate is 10pp higher than Grenada's (40% vs 30%). The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Malawi's 2025-12-30, so the two rates come from different data vintages.

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

At a glance

0102030405060Income30%40%Corporate28%30%VAT15%17.5%Capital Gains0%40%
four shared taxes, side by side
Tax GD MWDifference
Income Tax30%40%MW +10 pp
Corporate Tax28%30%MW +2 pp
VAT15%17.5%MW +2.5 pp
Capital Gains Tax0%40%MW +40 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Difference−10 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%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−2 ppMalawi higher

Malawi's corporate tax rate is 2pp higher than Grenada's (30% vs 28%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Malawi17.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01
Difference−2.5 ppMalawi higher

Malawi's VAT rate is 2.5pp higher than Grenada's (17.5% vs 15%). The 181-country average is 15%: Grenada matches the world average, Malawi sits above it. Grenada's figure is dated 2010-02-01 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
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Malawi40%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01
Difference−40 ppMalawi higher

Malawi's capital gains tax rate is 40pp higher than Grenada's (40% vs 0%). The 175-country average is 10.3%: Grenada sits below it, Malawi sits above it. Grenada's figure is dated 2026-07-19 and Malawi's 2025-10-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax, Wealth Tax.