Luxembourg vs Papua New Guinea: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Luxembourg
- Papua New Guinea
How they compare
Luxembourg currently reports 13.67 billion current LCU against 12.36 billion current LCU in Papua New Guinea, a difference of 1.30 billion current LCU.
That makes Luxembourg's figure about 1.1 times Papua New Guinea's.
The two have swapped places 4 times across 24 shared years of data; in 1990 it was Luxembourg ahead.
Luxembourg ranks 102nd and Papua New Guinea ranks 103rd of 153 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Luxembourg | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.77 billion current LCU | 666.33 million current LCU | 1.11 billion current LCU | Luxembourg |
| 2000s | 2.78 billion current LCU | 1.25 billion current LCU | 1.53 billion current LCU | Luxembourg |
| 2010s | 7.19 billion current LCU | 5.91 billion current LCU | 1.28 billion current LCU | Luxembourg |
| 2020s | 10.79 billion current LCU | 9.45 billion current LCU | 1.33 billion current LCU | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Luxembourg or Papua New Guinea?
- Luxembourg, at 13.67 billion current LCU against 12.36 billion current LCU in Papua New Guinea as of 2024.
- What is the difference in taxes on income, profits and capital gains between Luxembourg and Papua New Guinea?
- 1.30 billion current LCU, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Papua New Guinea?
- 24 years are reported by both, from 1990 to 2024.
- How do Luxembourg and Papua New Guinea rank globally for taxes on income, profits and capital gains?
- Luxembourg ranks 102nd and Papua New Guinea ranks 103rd of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.