MG · AfricaMW · Africa

Madagascar vs Malawi: tax rates compared

Malawi has an income tax rate of 40%, 15pp above Madagascar's 25%. The 200-country average is 28%: Madagascar sits below it, Malawi sits above it. Madagascar's figure is dated 2026-01-01 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

0102030405060Income25%40%Corporate20%30%VAT17.5%20%Wealth Tax0%
four shared taxes, side by side
Tax MG MWDifference
Income Tax25%40%MW +15 pplargest gap
Corporate Tax20%30%MW +10 pp
VAT20%17.5%MG +2.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Madagascar25%Source: Ministère de l'Économie et des Finances (Madagascar) — Loi n° 2025-021 portant Loi de Finances pour 2026, Article 01.03.16 · as of 2026-01-01
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Difference−15 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Madagascar20%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−10 ppMalawi higher

Malawi has a corporate tax rate of 30%, 10pp above Madagascar's 20%. The 201-country average is 22.6%: Madagascar sits below it, Malawi sits above it.

VAT

VAT, side by side
CountryRateSource
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Malawi17.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01
Difference+2.5 ppMadagascar higher

Madagascar has a VAT rate of 20%, 2.5pp above Malawi's 17.5%. The 181-country average is 15%: both sit above it. Madagascar's figure is dated 2025-11-18 and Malawi's 2026-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Malawi0%Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18
Difference0 ppdisplayed rates match

Madagascar and Malawi share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Madagascar's figure is dated 2025-11-18 and Malawi's 2026-07-18, so the two rates come from different data vintages.

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