Australia vs Papua New Guinea: Taxes on income, profits and capital gains
Australia
67.9%
in 2022
Papua New Guinea
59.4%
in 2024
Australia rank
1st
Papua New Guinea rank
2nd
Taxes on income, profits and capital gains over time
- Australia
- Papua New Guinea
How they compare
Australia currently reports 67.9% against 59.4% in Papua New Guinea, a difference of 8.5%.
That makes Australia's figure about 1.1 times Papua New Guinea's.
Across all 22 years both countries report, Australia has been ahead every year.
Australia ranks 1st and Papua New Guinea ranks 2nd of 153 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 65.7% | 40.1% | 25.6% | Australia |
| 2000s | 64.7% | 45.4% | 19.3% | Australia |
| 2010s | 64.7% | 49.1% | 15.6% | Australia |
| 2020s | 65.6% | 50.9% | 14.7% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Australia or Papua New Guinea?
- Australia, at 67.9% against 59.4% in Papua New Guinea as of 2022.
- What is the difference in taxes on income, profits and capital gains between Australia and Papua New Guinea?
- 8.5%, with Australia ahead.
- How many years of comparable data are there for Australia and Papua New Guinea?
- 22 years are reported by both, from 1990 to 2022.
- How do Australia and Papua New Guinea rank globally for taxes on income, profits and capital gains?
- Australia ranks 1st and Papua New Guinea ranks 2nd 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.