LA · AsiaPG · Oceania

Laos vs Papua New Guinea: tax rates compared

Papua New Guinea has an income tax rate of 42%, 17pp above Laos's 25%. The 200-country average is 28%: Laos 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%Corporate20%30%VAT10%Capital Gains0%2%Wealth Tax0%
five shared taxes, side by side
Tax LA PGDifference
Income Tax25%42%PG +17 pplargest gap
Corporate Tax20%30%PG +10 pp
VAT10%10%match
Capital Gains Tax2%0%LA +2 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Laos25%Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Taxes on personal income) · as of 2026-02-06
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
Laos20%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−10 ppPapua New Guinea higher

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

VAT

VAT, side by side
CountryRateSource
Laos10%Source: PWC Worldwide Tax Summaries — Lao PDR (Corporate, Other taxes) · as of 2026-02-06
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Laos and Papua New Guinea share the same VAT rate: 10%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Laos2%Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Income determination) · as of 2026-02-06
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+2 ppLaos higher

Laos has a capital gains tax rate of 2%, 2pp 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
Laos0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-06
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Laos 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.