MW · AfricaPS · Asia

Malawi vs Palestine: tax rates compared

Malawi has an income tax rate of 40%, 25pp above Palestine's 15%. The 200-country average is 28%: Malawi sits above it, Palestine sits below it. Malawi's figure is dated 2025-12-30 and Palestine's 2026-02-09, 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

0102030405060Income15%40%Corporate15%30%VAT16%17.5%Wealth Tax0%
four shared taxes, side by side
Tax MW PSDifference
Income Tax40%15%MW +25 pplargest gap
Corporate Tax30%15%MW +15 pp
VAT17.5%16%MW +1.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
Difference+25 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Palestine15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppMalawi higher

Malawi has a corporate tax rate of 30%, 15pp above Palestine's 15%. The 201-country average is 22.6%: Malawi sits above it, Palestine 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
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Difference+1.5 ppMalawi higher

Malawi has a VAT rate of 17.5%, 1.5pp above Palestine's 16%. The 181-country average is 15%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Malawi0%Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

Malawi and Palestine share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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