Taxes on international trade in Malawi
Malawi: Taxes on international trade was 272.37 billion current LCU in 2024. ◆ Volatile
Taxes on international trade in Malawi, 2009–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malawi recorded 272.37 billion current LCU for taxes on international trade in 2024. That is the highest value across all 16 years on record.
That represents a change of up 23.5% on the previous year and up 563.3% over ten years.
Over the whole period, taxes on international trade in Malawi peaked at 272.37 billion current LCU in 2024 and was at its lowest, 13.57 billion current LCU, in 2009.
That places Malawi 33rd out of 155 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.57 billion current LCU | 13.57 billion current LCU | 13.57 billion current LCU | 1 |
| 2010s | 45.74 billion current LCU | 14.99 billion current LCU | 88.29 billion current LCU | 10 |
| 2020s | 165.26 billion current LCU | 84.67 billion current LCU | 272.37 billion current LCU | 5 |
Countries ranked near Malawi
More public sector data for Malawi
- Arms imports 19.00 million SIPRI trend indicator values (2022)
- Tax revenue 15.6% (2024)
- Taxes on income, profits and capital gains 39.2% (2024)
- Taxes on goods and services 30.5% (2024)
- Net investment in nonfinancial assets 8.0% (2024)
- Net lending (+) / net borrowing (-) -11.8% (2024)
- Interest payments 35.8% (2024)
- Grants and other revenue 23.5% (2024)
- Interest payments 26.3% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is taxes on international trade in Malawi?
- Taxes on international trade in Malawi was 272.37 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Malawi?
- The highest recorded value was 272.37 billion current LCU in 2024.
- What is the lowest taxes on international trade recorded in Malawi?
- The lowest recorded value was 13.57 billion current LCU in 2009.
- How does Malawi rank for taxes on international trade?
- Malawi ranks 33rd out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Malawi?
- Over the last ten years it is up 563.3%. 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 Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.