HU · EuropePG · Oceania

Hungary vs Papua New Guinea: tax rates compared

Papua New Guinea's income tax rate is 27pp higher than Hungary's (42% vs 15%). The 200-country average is 28%: Hungary sits below it, Papua New Guinea sits above it. Hungary'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

0102030405060Income15%42%Corporate9%30%VAT10%27%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax HU PGDifference
Income Tax15%42%PG +27 pplargest gap
Corporate Tax9%30%PG +21 pp
VAT27%10%HU +17 pp
Capital Gains Tax15%0%HU +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Hungary15%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−27 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hungary9%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−21 ppPapua New Guinea higher

Papua New Guinea's corporate tax rate is 21pp higher than Hungary's (30% vs 9%). The 201-country average is 22.6%: Hungary sits below it, Papua New Guinea sits above it.

VAT

VAT, side by side
CountryRateSource
Hungary27%Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference+17 ppHungary higher

Hungary's VAT rate is 17pp higher than Papua New Guinea's (27% vs 10%). The 181-country average is 15%: Hungary sits above it, Papua New Guinea sits below it. Hungary's figure is dated 2025-12-31 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
Hungary15%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+15 ppHungary higher

Hungary's capital gains tax rate is 15pp higher than Papua New Guinea's (15% vs 0%). The 175-country average is 10.3%: Hungary sits above it, Papua New Guinea sits below it. Hungary's figure is dated 2025-12-31 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
Hungary0%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Hungary's wealth tax rate is identical to Papua New Guinea's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Hungary's figure is dated 2025-12-31 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.