Malawi - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Malawi was 477,955,000,000 as of 2020. As the graph below shows, over the past 11 years this indicator reached a maximum value of 477,955,000,000 in 2020 and a minimum value of 61,143,380,000 in 2009.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2009 61,143,380,000
2010 78,134,150,000
2011 93,005,680,000
2012 94,519,930,000
2013 119,101,000,000
2014 184,626,000,000
2015 202,407,000,000
2016 258,361,000,000
2017 338,220,000,000
2018 380,984,000,000
2019 436,980,000,000
2020 477,955,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Malawi was 37.78 as of 2020. Its highest value over the past 11 years was 38.58 in 2019, while its lowest value was 25.27 in 2013.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2009 29.41
2010 30.48
2011 34.17
2012 36.71
2013 25.27
2014 35.86
2015 33.20
2016 33.76
2017 33.81
2018 37.82
2019 38.58
2020 37.78

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Malawi was 7.36 as of 2020. Its highest value over the past 11 years was 11.81 in 2010, while its lowest value was 7.31 in 2017.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
2009 11.23
2010 11.81
2011 11.73
2012 9.80
2013 9.18
2014 11.15
2015 9.78
2016 9.96
2017 7.31
2018 7.32
2019 7.49
2020 7.36

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance