Papua New Guinea vs Solomon Islands: Paying taxes: Profit tax
Papua New Guinea
23.2%
in 2019
Solomon Islands
23.3%
in 2019
Papua New Guinea rank
38th
Solomon Islands rank
37th
Paying taxes: Profit tax over time
- Papua New Guinea
- Solomon Islands
How they compare
Solomon Islands currently reports 23.3% against 23.2% in Papua New Guinea, a difference of 0.1%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Papua New Guinea ahead.
Papua New Guinea ranks 38th and Solomon Islands ranks 37th of 190 countries.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.2% | 14.6% | 7.6% | Papua New Guinea |
| 2010s | 22.8% | 20.7% | 2.1% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Papua New Guinea or Solomon Islands?
- Solomon Islands, at 23.3% against 23.2% in Papua New Guinea as of 2019.
- What is the difference in paying taxes: profit tax between Papua New Guinea and Solomon Islands?
- 0.1%, with Solomon Islands ahead.
- How many years of comparable data are there for Papua New Guinea and Solomon Islands?
- 15 years are reported by both, from 2005 to 2019.
- How do Papua New Guinea and Solomon Islands rank globally for paying taxes: profit tax?
- Papua New Guinea ranks 38th and Solomon Islands ranks 37th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.