MW · AfricaMV · Asia
Malawi vs Maldives: tax rates compared
Malawi has an income tax rate of 40%, 25pp above Maldives's 15%. The 200-country average is 28%: Malawi sits above it, Maldives sits below it. Malawi's figure is dated 2025-12-30 and Maldives's 2020-01-01, 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
| Tax | MW | MV | Difference |
|---|---|---|---|
| Income Tax | 40% | 15% | MW +25 pplargest gap |
| Corporate Tax | 30% | 15% | MW +15 pp |
| VAT | 17.5% | 8% | MW +9.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 40% | Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30 |
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| Difference | +25 pp | Malawi higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15 pp | Malawi higher |
Malawi has a corporate tax rate of 30%, 15pp above Maldives's 15%. The 201-country average is 22.6%: Malawi sits above it, Maldives sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Malawi | 17.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01 |
| Maldives | 8% | Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01 |
| Difference | +9.5 pp | Malawi higher |
Malawi has a VAT rate of 17.5%, 9.5pp above Maldives's 8%. The 181-country average is 15%: Malawi sits above it, Maldives sits below it. Malawi's figure is dated 2026-01-01 and Maldives's 2023-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 0% | Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18 |
| Maldives | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
Malawi and Maldives share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Malawi's figure is dated 2026-07-18 and Maldives's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.