GW · AfricaMW · Africa

Guinea-Bissau vs Malawi: tax rates compared

Between the two, Malawi's income tax rate (40%) tops Guinea-Bissau's (20%) by 20pp. The 200-country average is 28%: Guinea-Bissau sits below it, Malawi sits above it. Guinea-Bissau's figure is dated 2021-01-31 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

0102030405060Income20%40%Corporate25%30%VAT17.5%19%Wealth Tax0%
four shared taxes, side by side
Tax GW MWDifference
Income Tax20%40%MW +20 pplargest gap
Corporate Tax25%30%MW +5 pp
VAT19%17.5%GW +1.5 pp
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea-Bissau25%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−5 ppMalawi higher

Between the two, Malawi's corporate tax rate (30%) tops Guinea-Bissau's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Guinea-Bissau19%Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25
Malawi17.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01
Difference+1.5 ppGuinea-Bissau higher

Between the two, Guinea-Bissau's VAT rate (19%) tops Malawi's (17.5%) by 1.5pp. The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and Malawi's 2026-01-01, so the two rates come from different data vintages.

Wealth Tax

There's no gap here — Guinea-Bissau and Malawi both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.