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Malawi vs Serbia: tax rates compared
Malawi's income tax rate is 30pp higher than Serbia's (40% vs 10%). The 200-country average is 28%: Malawi sits above it, Serbia sits below it. Malawi's figure is dated 2025-12-30 and Serbia's 2026-02-25, 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
| Tax | MW | RS | Difference |
|---|---|---|---|
| Income Tax | 40% | 10% | MW +30 pplargest gap |
| Corporate Tax | 30% | 15% | MW +15 pp |
| VAT | 17.5% | 20% | RS +2.5 pp |
| Capital Gains Tax | 40% | 15% | MW +25 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 40% | Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30 |
| Serbia | 10% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | +30 pp | Malawi higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Serbia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15 pp | Malawi higher |
Malawi's corporate tax rate is 15pp higher than Serbia's (30% vs 15%). The 201-country average is 22.6%: Malawi sits above it, Serbia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Malawi | 17.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01 |
| Serbia | 20% | Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25 |
| Difference | −2.5 pp | Serbia higher |
Serbia's VAT rate is 2.5pp higher than Malawi's (20% vs 17.5%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 40% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01 |
| Serbia | 15% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | +25 pp | Malawi higher |
Malawi's capital gains tax rate is 25pp higher than Serbia's (40% vs 15%). The 175-country average is 10.3%: both sit above it. Malawi's figure is dated 2025-10-01 and Serbia's 2026-02-25, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 0% | Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18 |
| Serbia | 0% | Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25 |
| Difference | 0 pp | displayed rates match |
Malawi's wealth tax rate is identical to Serbia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.