Paying taxes: Profit tax in Malawi
Malawi: Paying taxes: Profit tax was 20.4% in 2019. ▼ Falling
Paying taxes: Profit tax in Malawi, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Malawi stood at 20.4%.
That represents a change of down 12.8% over ten years.
Over the whole period, paying taxes: profit tax in Malawi peaked at 30.4% in 2005 and was at its lowest, 20.1%, in 2014.
That places Malawi 61st out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Profit tax in Malawi, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 30.4% | — |
| 2006 | 30.4% | +0.0% |
| 2007 | 30.1% | -1.0% |
| 2008 | 29.2% | -3.0% |
| 2009 | 23.4% | -19.9% |
| 2010 | 22.9% | -2.1% |
| 2011 | 23.2% | +1.3% |
| 2012 | 21.7% | -6.5% |
| 2013 | 21.3% | -1.8% |
| 2014 | 20.1% | -5.6% |
| 2015 | 20.4% | +1.5% |
| 2016 | 20.4% | +0.0% |
| 2017 | 20.4% | +0.0% |
| 2018 | 20.4% | +0.0% |
| 2019 | 20.4% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.7% | 23.4% | 30.4% | 5 |
| 2010s | 21.1% | 20.1% | 23.2% | 10 |
Countries ranked near Malawi
- 58 Nigeria 21.0% compare
- 59 Tanzania 20.9% compare
- 60 United States 20.7% compare
- 61 Netherlands 20.4% compare
- 63 Gabon 20.3% compare
- 64 Guatemala 20.2% compare
- 64 Philippines 20.2% compare
More reference data data for Malawi
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1596 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.09 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.71 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3426 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.71 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.5353 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.92 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16.7 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.87 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Malawi?
- Paying taxes: profit tax in Malawi was 20.4% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Malawi?
- The highest recorded value was 30.4% in 2005.
- What is the lowest paying taxes: profit tax recorded in Malawi?
- The lowest recorded value was 20.1% in 2014.
- How does Malawi rank for paying taxes: profit tax?
- Malawi ranks 61st out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Malawi?
- Over the last ten years it is down 12.8%. The long-run trend across the full record is falling.
- Where does this Malawi data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.