Canada vs Papua New Guinea: Taxes on income, profits and capital gains
Canada
53.9%
in 2024
Papua New Guinea
59.4%
in 2024
Canada rank
5th
Papua New Guinea rank
2nd
Taxes on income, profits and capital gains over time
- Canada
- Papua New Guinea
How they compare
Papua New Guinea currently reports 59.4% against 53.9% in Canada, a difference of 5.5%.
That makes Papua New Guinea's figure about 1.1 times Canada's.
The two have swapped places 5 times across 24 shared years of data; in 1990 it was Canada ahead.
Canada ranks 5th and Papua New Guinea ranks 2nd of 153 countries.
Canada has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 50.3% | 40.1% | 10.2% | Canada |
| 2000s | 52.5% | 45.4% | 7.2% | Canada |
| 2010s | 54.4% | 49.1% | 5.4% | Canada |
| 2020s | 55.6% | 54.3% | 1.4% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Canada or Papua New Guinea?
- Papua New Guinea, at 59.4% against 53.9% in Canada as of 2024.
- What is the difference in taxes on income, profits and capital gains between Canada and Papua New Guinea?
- 5.5%, with Papua New Guinea ahead.
- How many years of comparable data are there for Canada and Papua New Guinea?
- 24 years are reported by both, from 1990 to 2024.
- How do Canada and Papua New Guinea rank globally for taxes on income, profits and capital gains?
- Canada ranks 5th 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.