MW · AfricaNO · Europe

Malawi vs Norway: tax rates compared

Between the two, Malawi's income tax rate (40%) tops Norway's (39.7%) by 0.3pp. 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

0102030405060Income39.7%40%Corporate22%30%VAT17.5%25%Capital Gains37.8%40%Wealth Tax0%1.1%
five shared taxes, side by side
Tax MW NODifference
Income Tax40%39.7%MW +0.3 pp
Corporate Tax30%22%MW +8 pplargest gap
VAT17.5%25%NO +7.5 pp
Capital Gains Tax40%37.8%MW +2.2 pp
Wealth Tax0%1.1%NO +1.1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+0.3 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+8 ppMalawi higher

Between the two, Malawi's corporate tax rate (30%) tops Norway's (22%) by 8pp. The 201-country average is 22.6%: Malawi sits above it, Norway sits below it.

VAT

VAT, side by side
CountryRateSource
Malawi17.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Difference−7.5 ppNorway higher

Between the two, Norway's VAT rate (25%) tops Malawi's (17.5%) by 7.5pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Malawi40%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01
Norway37.8%Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20
Difference+2.2 ppMalawi higher

Between the two, Malawi's capital gains tax rate (40%) tops Norway's (37.8%) by 2.2pp. The 175-country average is 10.3%: both sit above it. Malawi's figure is dated 2025-10-01 and Norway's 2026-01-20, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Malawi0%Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Difference−1.1 ppNorway higher

Between the two, Norway's wealth tax rate (1.1%) tops Malawi's (0%) by 1.1pp. The 193-country average is 0.1%: Malawi sits below it, Norway sits above it.

Not covered for both countries yet: Crypto Tax.