Indirect taxes in Malawi
Malawi: Indirect taxes was 12.39 billion current LCU in 2002. ◆ Volatile
Indirect taxes in Malawi, 1995–2002
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
In 2002, indirect taxes in Malawi stood at 12.39 billion current LCU. That is the highest value across all 8 years on record.
That represents a change of up 12.0% on the previous year and up 448.7% over ten years.
That places Malawi 15th out of 23 countries with data for 2002, putting it in the middle of the range.
Indirect taxes in Malawi, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 2.26 billion current LCU | — |
| 1996 | 2.93 billion current LCU | +29.8% |
| 1997 | 3.44 billion current LCU | +17.3% |
| 1998 | 4.54 billion current LCU | +32.2% |
| 1999 | 6.78 billion current LCU | +49.2% |
| 2000 | 8.90 billion current LCU | +31.3% |
| 2001 | 11.06 billion current LCU | +24.3% |
| 2002 | 12.39 billion current LCU | +12.0% |
Malawi compared with similar countries
- Malawi's 12.39 billion current LCU is below the median for Sub-Saharan Africa, which is 71.72 billion current LCU, 17% of the median. (22 countries reporting)
- Malawi's 12.39 billion current LCU is below the median for low income countries, which is 24.54 billion current LCU, 50% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.99 billion current LCU | 2.26 billion current LCU | 6.78 billion current LCU | 5 |
| 2000s | 10.79 billion current LCU | 8.90 billion current LCU | 12.39 billion current LCU | 3 |
Countries ranked near Malawi
- 12 Sierra Leone 104.57 billion current LCU compare
- 13 Mauritius 38.87 billion current LCU compare
- 14 Ethiopia 36.69 billion current LCU compare
- 16 Mozambique 10.80 billion current LCU compare
- 17 Comoros 10.53 billion current LCU
- 18 Guinea-Bissau 9.99 billion current LCU compare
More economy & growth data for Malawi
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 56.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.61 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 257.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 20.57 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0228 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 11.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is indirect taxes in Malawi?
- Indirect taxes in Malawi was 12.39 billion current LCU in 2002, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest indirect taxes recorded in Malawi?
- The highest recorded value was 12.39 billion current LCU in 2002.
- What is the lowest indirect taxes recorded in Malawi?
- The lowest recorded value was 2.26 billion current LCU in 1995.
- How does Malawi rank for indirect taxes?
- Malawi ranks 15th out of 23 countries with data for 2002.
- Is indirect taxes rising or falling in Malawi?
- Over the last ten years it is up 448.7%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Indirect taxes (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments made by institutional units to government units. Indirect taxes consists of ‘taxes on products’ payable on goods and services when they are produced, delivered, sold, transferred or otherwise disposed by their producers, plus ‘other taxes on production’. Data are in current local currency.