LT · EuropeMW · Africa
Lithuania vs Malawi: tax rates compared
Malawi's income tax rate is 8pp higher than Lithuania's (40% vs 32%). 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 | LT | MW | Difference |
|---|---|---|---|
| Income Tax | 32% | 40% | MW +8 pp |
| Corporate Tax | 16% | 30% | MW +14 pp |
| VAT | 21% | 17.5% | LT +3.5 pp |
| Capital Gains Tax | 20% | 40% | MW +20 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 32% | 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 | −8 pp | Malawi higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 16% | 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 | −14 pp | Malawi higher |
Malawi's corporate tax rate is 14pp higher than Lithuania's (30% vs 16%). The 201-country average is 22.6%: Lithuania sits below it, Malawi sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Lithuania | 21% | Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10 |
| Malawi | 17.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01 |
| Difference | +3.5 pp | Lithuania higher |
Lithuania's VAT rate is 3.5pp higher than Malawi's (21% vs 17.5%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 20% | Source: PWC Worldwide Tax Summaries — Lithuania (Individual, Income determination) · as of 2026-03-10 |
| Malawi | 40% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01 |
| Difference | −20 pp | Malawi higher |
Malawi's capital gains tax rate is 20pp higher than Lithuania's (40% vs 20%). The 175-country average is 10.3%: both sit above it. Lithuania's figure is dated 2026-03-10 and Malawi's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10 |
| Malawi | 0% | Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Lithuania's wealth tax rate is identical to Malawi's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.