HN · AmericasPG · Oceania

Honduras vs Papua New Guinea: tax rates compared

Between the two, Papua New Guinea's income tax rate (42%) tops Honduras's (25%) by 17pp. The 200-country average is 28%: Honduras 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

0102030405060Income25%42%Corporate30%VAT10%15%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax HN PGDifference
Income Tax25%42%PG +17 pplargest gap
Corporate Tax30%30%match
VAT15%10%HN +5 pp
Capital Gains Tax10%0%HN +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Honduras25%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Taxes on personal income) · as of 2026-02-27
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference−17 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Honduras30%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
Difference0 ppdisplayed rates match

There's no gap here — Honduras and Papua New Guinea both post a corporate tax rate of 30%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Honduras15%Source: PWC Worldwide Tax Summaries — Honduras (Corporate, Other taxes) · as of 2026-02-27
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference+5 ppHonduras higher

Between the two, Honduras's VAT rate (15%) tops Papua New Guinea's (10%) by 5pp. The 181-country average is 15%: Honduras matches the world average, Papua New Guinea sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Honduras10%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Income determination) · as of 2026-02-27
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+10 ppHonduras higher

Between the two, Honduras'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.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Honduras0%Source: Servicio de Administración de Rentas (SAR), Honduras · as of 2026-07-18
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 — Honduras 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.