MW · AfricaUY · Americas

Malawi vs Uruguay: tax rates compared

Malawi's income tax rate is 4pp higher than Uruguay's (40% vs 36%). 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

0102030405060Income36%40%Corporate25%30%VAT17.5%22%Capital Gains12%40%Wealth Tax0%0.1%
five shared taxes, side by side
Tax MW UYDifference
Income Tax40%36%MW +4 pp
Corporate Tax30%25%MW +5 pp
VAT17.5%22%UY +4.5 pp
Capital Gains Tax40%12%MW +28 pplargest gap
Wealth Tax0%0.1%UY +0.1 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
Uruguay36%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31
Difference+4 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppMalawi higher

Malawi's corporate tax rate is 5pp higher than Uruguay's (30% vs 25%). 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
Uruguay22%Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18
Difference−4.5 ppUruguay higher

Uruguay's VAT rate is 4.5pp higher than Malawi's (22% vs 17.5%). The 181-country average is 15%: both sit above it. Malawi's figure is dated 2026-01-01 and Uruguay's 2024-06-18, 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
Uruguay12%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09
Difference+28 ppMalawi higher

Malawi's capital gains tax rate is 28pp higher than Uruguay's (40% vs 12%). The 175-country average is 10.3%: both sit above it. Malawi's figure is dated 2025-10-01 and Uruguay's 2026-03-09, 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
Uruguay0.1%Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01
Difference−0.1 ppUruguay higher

Uruguay's wealth tax rate is 0.1pp higher than Malawi's (0.1% vs 0%). The 193-country average is 0.1%: Malawi sits below it, Uruguay matches the world average. Malawi's figure is dated 2026-07-18 and Uruguay's 2025-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.