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Malawi vs Suriname: tax rates compared

Malawi's income tax rate is 2pp higher than Suriname's (40% vs 38%). The 200-country average is 28%: both sit above it. Malawi's figure is dated 2025-12-30 and Suriname's 2024-10-01, 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

0102030405060Income38%40%Corporate30%36%VAT10%17.5%Capital Gains0%40%Wealth Tax0%3%
five shared taxes, side by side
Tax MW SRDifference
Income Tax40%38%MW +2 pp
Corporate Tax30%36%SR +6 pp
VAT17.5%10%MW +7.5 pp
Capital Gains Tax40%0%MW +40 pplargest gap
Wealth Tax0%3%SR +3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Suriname38%Source: Belastingdienst Suriname (tax authority) — Wet Inkomstenbelasting 1922, as last amended by S.B. 2024 no. 3 (Art. 34) · as of 2024-10-01
Difference+2 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Suriname36%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−6 ppSuriname higher

Suriname's corporate tax rate is 6pp higher than Malawi's (36% vs 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
Suriname10%Source: Belastingdienst Suriname (Suriname Tax Administration) · as of 2023-01-01
Difference+7.5 ppMalawi higher

Malawi's VAT rate is 7.5pp higher than Suriname's (17.5% vs 10%). The 181-country average is 15%: Malawi sits above it, Suriname sits below it. Malawi's figure is dated 2026-01-01 and Suriname's 2023-01-01, so the two rates come from different data vintages.

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
Suriname0%Source: De Nationale Assemblée (Suriname) — Wet op de Inkomstenbelasting 1922 (G.B. 1921 no. 112, geldende tekst / consolidated text) · as of 2003-01-01
Difference+40 ppMalawi higher

Malawi's capital gains tax rate is 40pp higher than Suriname's (40% vs 0%). The 175-country average is 10.3%: Malawi sits above it, Suriname sits below it. Malawi's figure is dated 2025-10-01 and Suriname's 2003-01-01, 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
Suriname3%Source: Belastingdienst Suriname — Wet Vermogensbelasting 1944 (geldende tekst, zoals laatstelijk gewijzigd bij S.B. 2002 no.107) · as of 2024-10-01
Difference−3 ppSuriname higher

Suriname's wealth tax rate is 3pp higher than Malawi's (3% vs 0%). The 193-country average is 0.1%: Malawi sits below it, Suriname sits above it. Malawi's figure is dated 2026-07-18 and Suriname's 2024-10-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.