MW · AfricaPT · Europe

Malawi vs Portugal: tax rates compared

Between the two, Portugal's income tax rate (53%) tops Malawi's (40%) by 13pp. 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

0102030405060Income40%53%Corporate30%30.5%VAT17.5%23%Capital Gains28%40%Wealth Tax0%
five shared taxes, side by side
Tax MW PTDifference
Income Tax40%53%PT +13 pplargest gap
Corporate Tax30%30.5%PT +0.5 pp
VAT17.5%23%PT +5.5 pp
Capital Gains Tax40%28%MW +12 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
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−13 ppPortugal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Portugal30.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−0.5 ppPortugal higher

Between the two, Portugal's corporate tax rate (30.5%) tops Malawi's (30%) by 0.5pp. 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
Portugal23%Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24
Difference−5.5 ppPortugal higher

Between the two, Portugal's VAT rate (23%) tops Malawi's (17.5%) by 5.5pp. 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
Portugal28%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24
Difference+12 ppMalawi higher

Between the two, Malawi's capital gains tax rate (40%) tops Portugal's (28%) by 12pp. The 175-country average is 10.3%: both sit above it. Malawi's figure is dated 2025-10-01 and Portugal's 2026-07-24, 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
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Difference0 ppdisplayed rates match

There's no gap here — Malawi and Portugal both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.