Papua New Guinea vs United States: Taxes on income, profits and capital gains
Papua New Guinea
59.4%
in 2024
United States
56.3%
in 2024
Papua New Guinea rank
2nd
United States rank
4th
Taxes on income, profits and capital gains over time
- Papua New Guinea
- United States
How they compare
Papua New Guinea currently reports 59.4% against 56.3% in United States, a difference of 3.1%.
That makes Papua New Guinea's figure about 1.1 times United States's.
The two have swapped places 5 times across 24 shared years of data; in 1990 it was United States ahead.
Papua New Guinea ranks 2nd and United States ranks 4th of 153 countries.
United States has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Papua New Guinea | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 40.1% | 52.6% | 12.5% | United States |
| 2000s | 45.4% | 54.5% | 9.2% | United States |
| 2010s | 49.1% | 52.4% | 3.4% | United States |
| 2020s | 54.3% | 56.0% | 1.8% | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Papua New Guinea or United States?
- Papua New Guinea, at 59.4% against 56.3% in United States as of 2024.
- What is the difference in taxes on income, profits and capital gains between Papua New Guinea and United States?
- 3.1%, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and United States?
- 24 years are reported by both, from 1990 to 2024.
- How do Papua New Guinea and United States rank globally for taxes on income, profits and capital gains?
- Papua New Guinea ranks 2nd and United States ranks 4th 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.