CL · AmericasPG · Oceania

Chile vs Papua New Guinea: tax rates compared

Between the two, Papua New Guinea's income tax rate (42%) tops Chile's (40%) by 2pp. The 200-country average is 28%: both sit above it. Chile's figure is dated 2025-01-01 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

0102030405060Income40%42%Corporate27%30%VAT10%19%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax CL PGDifference
Income Tax40%42%PG +2 pp
Corporate Tax27%30%PG +3 pp
VAT19%10%CL +9 pp
Capital Gains Tax10%0%CL +10 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Chile40%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference−2 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Chile27%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−3 ppPapua New Guinea higher

Between the two, Papua New Guinea's corporate tax rate (30%) tops Chile's (27%) by 3pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Chile19%Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference+9 ppChile higher

Between the two, Chile's VAT rate (19%) tops Papua New Guinea's (10%) by 9pp. The 181-country average is 15%: Chile sits above it, Papua New Guinea sits below it. Chile's figure is dated 2025-12-19 and Papua New Guinea's 2026-03-27, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Chile10%Source: Chile Ministry of Finance — Ley sobre Impuesto a la Renta (Decreto Ley 824), Article 107, consolidated text via Biblioteca del Congreso Nacional (LeyChile) · as of 2022-02-04
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+10 ppChile higher

Between the two, Chile's capital gains tax rate (10%) tops Papua New Guinea's (0%) by 10pp. The 175-country average is 10.3%: both sit below it. Chile's figure is dated 2022-02-04 and Papua New Guinea's 2026-03-27, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Chile0%Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Chile and Papua New Guinea both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Chile's figure is dated 2025-12-19 and Papua New Guinea's 2026-03-27, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.