AM · AsiaPG · Oceania
Armenia vs Papua New Guinea: tax rates compared
Between the two, Papua New Guinea's income tax rate (42%) tops Armenia's (20%) by 22pp. The 200-country average is 28%: Armenia sits below it, Papua New Guinea sits above it. Armenia's figure is dated 2023-01-01 and Papua New Guinea's 2026-03-27, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AM | PG | Difference |
|---|---|---|---|
| Income Tax | 20% | 42% | PG +22 pplargest gap |
| Corporate Tax | 18% | 30% | PG +12 pp |
| VAT | 20% | 10% | AM +10 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01 |
| Papua New Guinea | 42% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27 |
| Difference | −22 pp | Papua New Guinea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Papua New Guinea | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −12 pp | Papua New Guinea higher |
Between the two, Papua New Guinea's corporate tax rate (30%) tops Armenia's (18%) by 12pp. The 201-country average is 22.6%: Armenia sits below it, Papua New Guinea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Papua New Guinea | 10% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | +10 pp | Armenia higher |
Between the two, Armenia's VAT rate (20%) tops Papua New Guinea's (10%) by 10pp. The 181-country average is 15%: Armenia sits above it, Papua New Guinea sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Papua New Guinea | 0% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Armenia and Papua New Guinea both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Papua New Guinea's 2026-03-27, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Papua New Guinea | 0% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Armenia and Papua New Guinea both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.