BA · EuropePG · Oceania

Bosnia and Herzegovina vs Papua New Guinea: tax rates compared

Papua New Guinea has an income tax rate of 42%, 32pp above Bosnia and Herzegovina's 10%. The 200-country average is 28%: Bosnia and Herzegovina sits below it, Papua New Guinea sits above it.

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

0102030405060Income10%42%Corporate10%30%VAT10%17%Capital Gains0%8%Wealth Tax0%
five shared taxes, side by side
Tax BA PGDifference
Income Tax10%42%PG +32 pplargest gap
Corporate Tax10%30%PG +20 pp
VAT17%10%BA +7 pp
Capital Gains Tax8%0%BA +8 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bosnia and Herzegovina10%Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Individual, Taxes on personal income) · as of 2026-02-19
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference−32 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bosnia and Herzegovina10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Papua New Guinea30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−20 ppPapua New Guinea higher

Papua New Guinea has a corporate tax rate of 30%, 20pp above Bosnia and Herzegovina's 10%. The 201-country average is 22.6%: Bosnia and Herzegovina sits below it, Papua New Guinea sits above it.

VAT

VAT, side by side
CountryRateSource
Bosnia and Herzegovina17%Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Corporate, Other taxes) · as of 2026-02-19
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference+7 ppBosnia and Herzegovina higher

Bosnia and Herzegovina has a VAT rate of 17%, 7pp above Papua New Guinea's 10%. The 181-country average is 15%: Bosnia and Herzegovina sits above it, Papua New Guinea sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Bosnia and Herzegovina8%Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Individual, Taxes on personal income) · as of 2026-02-19
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+8 ppBosnia and Herzegovina higher

Bosnia and Herzegovina has a capital gains tax rate of 8%, 8pp above Papua New Guinea's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bosnia and Herzegovina0%Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Individual, Other taxes) · as of 2026-02-19
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Bosnia and Herzegovina and Papua New Guinea share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.