Paying taxes: Profit tax in Papua New Guinea
Papua New Guinea: Paying taxes: Profit tax was 23.2% in 2019. ▲ Rising
Paying taxes: Profit tax in Papua New Guinea, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in Papua New Guinea is 23.2%, measured in 2019. That is the highest value across all 15 years on record.
That represents a change of up 5.5% over ten years.
Over the whole period, paying taxes: profit tax in Papua New Guinea peaked at 23.2% in 2013 and was at its lowest, 22.0%, in 2009.
Papua New Guinea ranks 38th of 190 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Profit tax in Papua New Guinea, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 22.3% | — |
| 2006 | 22.3% | +0.0% |
| 2007 | 22.3% | +0.0% |
| 2008 | 22.3% | +0.0% |
| 2009 | 22.0% | -1.3% |
| 2010 | 22.0% | +0.0% |
| 2011 | 22.0% | +0.0% |
| 2012 | 22.0% | +0.0% |
| 2013 | 23.2% | +5.5% |
| 2014 | 23.2% | +0.0% |
| 2015 | 23.2% | +0.0% |
| 2016 | 23.2% | +0.0% |
| 2017 | 23.2% | +0.0% |
| 2018 | 23.2% | +0.0% |
| 2019 | 23.2% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.2% | 22.0% | 22.3% | 5 |
| 2010s | 22.8% | 22.0% | 23.2% | 10 |
Countries ranked near Papua New Guinea
- 35 Congo, Democratic Republic of the 23.6% compare
- 35 Uruguay 23.6% compare
- 37 Solomon Islands 23.3% compare
- 38 Germany 23.2% compare
- 40 Greece 23.0% compare
- 40 Syrian Arab Republic 23.0% compare
More reference data data for Papua New Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2042 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0498 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3515 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0007 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3515 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6846 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5295 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2811 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0038 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Papua New Guinea?
- Paying taxes: profit tax in Papua New Guinea was 23.2% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Papua New Guinea?
- The highest recorded value was 23.2% in 2013.
- What is the lowest paying taxes: profit tax recorded in Papua New Guinea?
- The lowest recorded value was 22.0% in 2009.
- How does Papua New Guinea rank for paying taxes: profit tax?
- Papua New Guinea ranks 38th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Papua New Guinea?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.