IL · AsiaPG · Oceania

Israel vs Papua New Guinea: tax rates compared

Israel has an income tax rate of 50%, 8pp above Papua New Guinea's 42%. The 200-country average is 28%: both sit above it. Israel'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

0102030405060Income42%50%Corporate23%30%VAT10%18%Capital Gains0%25%Wealth Tax0%
five shared taxes, side by side
Tax IL PGDifference
Income Tax50%42%IL +8 pp
Corporate Tax23%30%PG +7 pp
VAT18%10%IL +8 pp
Capital Gains Tax25%0%IL +25 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Israel50%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+8 ppIsrael higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Israel23%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−7 ppPapua New Guinea higher

Papua New Guinea has a corporate tax rate of 30%, 7pp above Israel's 23%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Israel18%Source: PWC Worldwide Tax Summaries — Israel (Corporate, Other taxes) · as of 2026-06-29
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference+8 ppIsrael higher

Israel has a VAT rate of 18%, 8pp above Papua New Guinea's 10%. The 181-country average is 15%: Israel sits above it, Papua New Guinea sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Israel25%Source: PWC Worldwide Tax Summaries — Israel (Individual, Income determination) · as of 2026-06-29
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+25 ppIsrael higher

Israel has a capital gains tax rate of 25%, 25pp above Papua New Guinea's 0%. The 175-country average is 10.3%: Israel sits above it, Papua New Guinea sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Israel0%Source: PWC Worldwide Tax Summaries — Israel (Individual, Other taxes) · as of 2026-06-29
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Israel 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.