Tax revenue in Malawi

Malawi: Tax revenue was 3.07 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
3.07 trillion current LCU
Change on year
up 39.5%
World rank
33rd
of 157 countries
All-time high
3.07 trillion current LCU
in 2024
All-time low
126.43 billion current LCU
in 2009
Years of data
16
2009–2024

Tax revenue in Malawi, 2009–2024

01.0T2.0T3.0T2009201620242009: 126.4B current LCU2010: 161.0B current LCU2011: 193.6B current LCU2012: 203.6B current LCU2013: 284.2B current LCU2014: 409.5B current LCU2015: 485.3B current LCU2016: 604.2B current LCU2017: 795.8B current LCU2018: 880.9B current LCU2019: 986.7B current LCU2020: 1.1T current LCU2021: 1.2T current LCU2022: 1.6T current LCU2023: 2.2T current LCU2024: 3.1T current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

In 2024, tax revenue in Malawi stood at 3.07 trillion current LCU. That is the highest value across all 16 years on record.

The figure is up 39.5% on the previous year and up 649.1% over ten years.

Over the whole period, tax revenue in Malawi peaked at 3.07 trillion current LCU in 2024 and was at its lowest, 126.43 billion current LCU, in 2009.

Malawi ranks 33rd of 157 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 126.43 billion current LCU 126.43 billion current LCU 126.43 billion current LCU 1
2010s 500.47 billion current LCU 161.01 billion current LCU 986.71 billion current LCU 10
2020s 1.82 trillion current LCU 1.07 trillion current LCU 3.07 trillion current LCU 5

Countries ranked near Malawi

  1. 30 Iraq 3.71 trillion current LCU compare
  2. 31 Senegal 3.64 trillion current LCU compare
  3. 32 United States 3.16 trillion current LCU compare
  4. 34 Thailand 2.84 trillion current LCU compare
  5. 35 Cameroon 2.83 trillion current LCU compare
  6. 36 Sri Lanka 2.72 trillion current LCU compare

See the full ranking of 157 places →

More public sector data for Malawi

All data for Malawi →

Frequently asked questions

What is tax revenue in Malawi?
Tax revenue in Malawi was 3.07 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest tax revenue recorded in Malawi?
The highest recorded value was 3.07 trillion current LCU in 2024.
What is the lowest tax revenue recorded in Malawi?
The lowest recorded value was 126.43 billion current LCU in 2009.
How does Malawi rank for tax revenue?
Malawi ranks 33rd out of 157 countries with data for 2024.
Is tax revenue rising or falling in Malawi?
Over the last ten years it is up 649.1%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Tax revenue (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,711 data points, 1972–2024
Last refreshed

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.