The Personal Income Tax Rate in Papua New Guinea stands at 42 percent. Personal Income Tax Rate in Papua New Guinea averaged 42.59 percent from 2004 until 2025, reaching an all time high of 47.00 percent in 2005 and a record low of 42.00 percent in 2007. source: Internal Revenue Commission, Papua New Guinea

Personal Income Tax Rate in Papua New Guinea is expected to reach 42.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Personal Income Tax Rate is projected to trend around 42.00 percent in 2026, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 30.00 30.00 percent Dec 2025
Personal Income Tax Rate 42.00 42.00 percent Dec 2025
Sales Tax Rate 10.00 10.00 percent Dec 2025
Social Security Rate 14.40 14.40 percent Dec 2025
Social Security Rate For Companies 8.40 8.40 percent Dec 2025
Social Security Rate For Employees 6.00 6.00 percent Dec 2025
Withholding Tax Rate 15.00 15.00 percent Dec 2024



Papua New Guinea Personal Income Tax Rate
In Papua New Guinea, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Papua New Guinea.
Actual Previous Highest Lowest Dates Unit Frequency
42.00 42.00 47.00 42.00 2004 - 2025 percent Yearly