MW · AfricaRW · Africa

Malawi vs Rwanda: tax rates compared

Malawi's income tax rate is 10pp higher than Rwanda's (40% vs 30%). The 200-country average is 28%: both sit above it. Malawi's figure is dated 2025-12-30 and Rwanda's 2026-07-20, 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

0102030405060Income30%40%Corporate28%30%VAT17.5%18%Capital Gains0%40%Wealth Tax0%
five shared taxes, side by side
Tax MW RWDifference
Income Tax40%30%MW +10 pp
Corporate Tax30%28%MW +2 pp
VAT17.5%18%RW +0.5 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
Rwanda30%Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20
Difference+10 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Rwanda28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2 ppMalawi higher

Malawi's corporate tax rate is 2pp higher than Rwanda's (30% vs 28%). 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
Rwanda18%Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18
Difference−0.5 ppRwanda higher

Rwanda's VAT rate is 0.5pp higher than Malawi's (18% vs 17.5%). 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
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Difference+40 ppMalawi higher

Malawi's capital gains tax rate is 40pp higher than Rwanda's (40% vs 0%). The 175-country average is 10.3%: Malawi sits above it, Rwanda sits below it. Malawi's figure is dated 2025-10-01 and Rwanda's 2026-02-18, 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
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.