Table 1 Foregone revenue from missing profits and hidden wealth in Malawi

Missing Profits

Corporate Income Tax as % of GDP in 2019

 Foregone revenue as % GDP

Government revenue as % GDP in 2019

Foregone revenue as % of government revenue

2.3

0.23

12.45

1.85

Hidden Wealth

Offshore wealth % GDP in 2007

Assuming 5% return on this wealth % GDP in 2007

Income tax foregone % GDP in 2007

Government revenue as % GDP in 2007

Foregone revenue as % of government revenue

6.7

0.34

0.12

8.97

1.31