Facts
- Tax revenue, % of GDP
- 15.5 % (2024)
- Tax revenue level
- 15–20% of GDP
- Taxes on income, profits and capital gains, % of revenue
- 67.0 % (2024)
- Taxes on goods and services, % of value added
- 5.7 % (2024)
- ISO code
- PNG
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)
Tax revenue, % of GDP
| Period | Value |
|---|---|
| 2024 | 15.5 % |
| 2023 | 15.9 % |
| 2022 | 14.8 % |
| 2021 | 12.1 % |
| 2020 | 11.9 % |
| 2019 | 13.0 % |
| 2018 | 13.2 % |
| 2017 | 12.6 % |
| 2016 | 12.9 % |
| 2015 | 15.2 % |
| 2014 | 17.9 % |
| 2002 | 21.0 % |
Taxes on income, profits and capital gains, % of revenue
| Period | Value |
|---|---|
| 2024 | 67.0 % |
| 2023 | 66.5 % |
| 2022 | 68.4 % |
| 2021 | 56.2 % |
| 2020 | 57.8 % |
| 2019 | 55.6 % |
| 2018 | 58.4 % |
| 2017 | 58.2 % |
| 2016 | 62.8 % |
| 2015 | 64.4 % |
| 2014 | 66.3 % |
| 2002 | 54.0 % |
Taxes on goods and services, % of value added
| Period | Value |
|---|---|
| 2024 | 5.7 % |
| 2023 | 6.0 % |
| 2022 | 4.9 % |
| 2021 | 5.8 % |
| 2020 | 5.3 % |
| 2019 | 6.0 % |
| 2018 | 5.7 % |
| 2017 | 5.8 % |
| 2016 | 5.1 % |
| 2015 | 5.7 % |
| 2014 | 6.5 % |
Year by year · 11
| Country-year | Combined corporate income tax rate | Top statutory personal income tax rate | Tax revenue, % of GDP |
|---|---|---|---|
| Papua New Guinea 2024 | — | — | 15.5 % |
| Papua New Guinea 2023 | — | — | 15.9 % |
| Papua New Guinea 2022 | — | — | 14.8 % |
| Papua New Guinea 2021 | — | — | 12.1 % |
| Papua New Guinea 2020 | — | — | 11.9 % |
| Papua New Guinea 2019 | — | — | 13.0 % |
| Papua New Guinea 2018 | — | — | 13.2 % |
| Papua New Guinea 2017 | — | — | 12.6 % |
| Papua New Guinea 2016 | — | — | 12.9 % |
| Papua New Guinea 2015 | — | — | 15.2 % |
| Papua New Guinea 2014 | — | — | 17.9 % |