MW · AfricaPG · Oceania

Malawi vs Papua New Guinea: tax rates compared

Papua New Guinea's income tax rate is 2pp higher than Malawi's (42% vs 40%). The 200-country average is 28%: both sit above it. Malawi's figure is dated 2025-12-30 and Papua New Guinea's 2026-03-27, so the two rates come from different data vintages.

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

0102030405060Income40%42%Corporate30%VAT10%17.5%Capital Gains0%40%Wealth Tax0%
five shared taxes, side by side
Tax MW PGDifference
Income Tax40%42%PG +2 pp
Corporate Tax30%30%match
VAT17.5%10%MW +7.5 pp
Capital Gains Tax40%0%MW +40 pplargest gap
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
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference−2 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Papua New Guinea30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Malawi's corporate tax rate is identical to Papua New Guinea's — both sit at 30%. The 201-country average is 22.6%: both sit above 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
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference+7.5 ppMalawi higher

Malawi's VAT rate is 7.5pp higher than Papua New Guinea's (17.5% vs 10%). The 181-country average is 15%: Malawi sits above it, Papua New Guinea sits below 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
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+40 ppMalawi higher

Malawi's capital gains tax rate is 40pp higher than Papua New Guinea's (40% vs 0%). The 175-country average is 10.3%: Malawi sits above it, Papua New Guinea sits below it. Malawi's figure is dated 2025-10-01 and Papua New Guinea's 2026-03-27, 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
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Malawi's wealth tax rate is identical to Papua New Guinea's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.