Malawi - Taxes on income
Taxes on income, profits and capital gains (current LCU)
The value for Taxes on income, profits and capital gains (current LCU) in Malawi was 506,568,000,000 as of 2020. As the graph below shows, over the past 11 years this indicator reached a maximum value of 506,568,000,000 in 2020 and a minimum value of 51,587,900,000 in 2009.
Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 2009 | 51,587,900,000 |
| 2010 | 67,575,930,000 |
| 2011 | 82,753,720,000 |
| 2012 | 90,734,460,000 |
| 2013 | 131,742,000,000 |
| 2014 | 183,316,000,000 |
| 2015 | 236,126,000,000 |
| 2016 | 292,729,000,000 |
| 2017 | 386,078,000,000 |
| 2018 | 423,259,000,000 |
| 2019 | 460,724,000,000 |
| 2020 | 506,568,000,000 |
Taxes on income, profits and capital gains (% of revenue)
Taxes on income, profits and capital gains (% of revenue) in Malawi was 40.04 as of 2020. Its highest value over the past 11 years was 42.02 in 2018, while its lowest value was 24.82 in 2009.
Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 2009 | 24.82 |
| 2010 | 26.36 |
| 2011 | 30.40 |
| 2012 | 35.24 |
| 2013 | 27.95 |
| 2014 | 35.61 |
| 2015 | 38.74 |
| 2016 | 38.25 |
| 2017 | 38.59 |
| 2018 | 42.02 |
| 2019 | 40.68 |
| 2020 | 40.04 |
Taxes on income, profits and capital gains (% of total taxes)
Taxes on income, profits and capital gains (% of total taxes) in Malawi was 47.34 as of 2020. Its highest value over the past 11 years was 48.65 in 2015, while its lowest value was 40.80 in 2009.
Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 2009 | 40.80 |
| 2010 | 41.97 |
| 2011 | 42.75 |
| 2012 | 44.57 |
| 2013 | 46.36 |
| 2014 | 44.77 |
| 2015 | 48.65 |
| 2016 | 48.45 |
| 2017 | 48.52 |
| 2018 | 48.05 |
| 2019 | 46.69 |
| 2020 | 47.34 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
