Papua New Guinea—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #2 of 137
Latest Value
59.2%
2023
YoY Change
-2.4%
2022 → 2023
Global Rank
#2
of 137 countries
Maximum
60.7%
2022
Minimum
31.2%
2000
CAGR
+2.8%
13 years
Last
59.2%
Previous
60.7%
Highest
60.7%
Lowest
31.2%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 59.2% | -2.4% |
| 2022 | 60.7% | +34.5% |
| 2021 | 45.1% | -3.7% |
| 2020 | 46.9% | +7.1% |
| 2019 | 43.8% | +0.8% |
| 2018 | 43.4% | -5.8% |
| 2017 | 46.1% | -8.5% |
| 2016 | 50.4% | -5.9% |
| 2015 | 53.6% | -6.2% |
| 2014 | 57.1% | +15.1% |
| 2002 | 49.6% | -10.3% |
| 2001 | 55.3% | +77.1% |
| 2000 | 31.2% |
Top Countries — Taxes on Income, Profits & Capital Gains (% of rev)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Australia | 67.9% | 2022 |
| 2 | Papua New Guinea | 59.2% | 2023 |
| 3 | New Zealand | 56.9% | 2023 |
| 4 | United States | 56.7% | 2024 |
| 5 | Canada | 54.6% | 2024 |
| 6 | Ireland | 49.7% | 2022 |
| 7 | Malaysia | 49.4% | 2023 |
| 8 | Denmark | 48.9% | 2023 |
| 9 | South Africa | 48.0% | 2023 |
| 10 | Nicaragua | 41.8% | 2023 |
About This Indicator
Definition
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →