The Personal Income Tax Rate in Malawi stands at 35 percent. Personal Income Tax Rate in Malawi averaged 30.95 percent from 2004 until 2024, reaching an all time high of 40.00 percent in 2022 and a record low of 30.00 percent in 2005. source: Malawi Revenue Authority

Personal Income Tax Rate in Malawi is expected to reach 35.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malawi Personal Income Tax Rate is projected to trend around 35.00 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
Corporate Tax Rate 30.00 30.00 percent Dec 2024
Personal Income Tax Rate 35.00 35.00 percent Dec 2024
Sales Tax Rate 16.50 16.50 percent Dec 2024

Malawi Personal Income Tax Rate
In Malawi, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Malawi.
Actual Previous Highest Lowest Dates Unit Frequency
35.00 35.00 40.00 30.00 2004 - 2024 percent Yearly