Turkmenistan vs Malawi
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐น๐ฒ Turkmenistan โ Velayat & Etrap Administrations
Turkmenistan's 5 velayats (provinces) and Ashgabat city have highly centralized administration under an authoritarian state. Turkmenistan has among the world's largest natural gas reserves, exporting most to China. The economy is heavily state-controlled with limited private sector. Citizens historically received free gas, electricity, water, and subsidized food (subsidies now being reformed). International transparency is very limited, making reliable tax data difficult to obtain from this closed state.
๐ฒ๐ผ Malawi โ District & City Councils
Malawi's 28 district councils and city/town assemblies levy property rates, trading licences, and local service charges. The Malawi Revenue Authority (MRA) administers national taxes. Malawi is landlocked and one of the world's poorest countries โ highly dependent on tobacco exports (declining due to health campaigns), tea, and sugar, plus significant international aid. An IMF Extended Credit Facility has been supporting fiscal consolidation. The kwacha has experienced significant depreciation, complicating tax bracket real values over time.
Turkmenistan vs Malawi: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฒ๐ผ Malawi has a higher top income tax rate (10% vs 0โ35%). ๐น๐ฒ Turkmenistan is more favourable for high earners.
๐ VAT/Sales Tax: Malawi has a higher consumption tax (15% vs 16.5%).
๐ข Corporate Tax: ๐น๐ฒ Turkmenistan offers a lower corporate rate (20% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ฒ Turkmenistan taxes investment gains at a lower rate (10% vs 30%), benefiting investors.