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Malawi vs Ukraine: tax rates compared

Malawi has an income tax rate of 40%, 22pp above Ukraine's 18%. The 200-country average is 28%: Malawi sits above it, Ukraine sits below it. Malawi's figure is dated 2025-12-30 and Ukraine's 2026-06-30, 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

0102030405060Income18%40%Corporate18%30%VAT17.5%20%Capital Gains18%40%Wealth Tax0%
five shared taxes, side by side
Tax MW UADifference
Income Tax40%18%MW +22 pplargest gap
Corporate Tax30%18%MW +12 pp
VAT17.5%20%UA +2.5 pp
Capital Gains Tax40%18%MW +22 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
Ukraine18%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30
Difference+22 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Ukraine18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+12 ppMalawi higher

Malawi has a corporate tax rate of 30%, 12pp above Ukraine's 18%. The 201-country average is 22.6%: Malawi sits above it, Ukraine sits below 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
Ukraine20%Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30
Difference−2.5 ppUkraine higher

Ukraine has a VAT rate of 20%, 2.5pp above Malawi's 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
Ukraine18%Source: PWC Worldwide Tax Summaries — Capital gains tax (CGT) rates (quick chart, Ukraine individual row) · as of 2026-06-30
Difference+22 ppMalawi higher

Malawi has a capital gains tax rate of 40%, 22pp above Ukraine's 18%. The 175-country average is 10.3%: both sit above it. Malawi's figure is dated 2025-10-01 and Ukraine's 2026-06-30, 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
Ukraine0%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30
Difference0 ppdisplayed rates match

Malawi and Ukraine share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.