LS · AfricaPG · Oceania

Lesotho vs Papua New Guinea: tax rates compared

Papua New Guinea has an income tax rate of 42%, 12pp above Lesotho's 30%. The 200-country average is 28%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%42%Corporate25%30%VAT10%15%Wealth Tax0%
four shared taxes, side by side
Tax LS PGDifference
Income Tax30%42%PG +12 pplargest gap
Corporate Tax25%30%PG +5 pp
VAT15%10%LS +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Lesotho30%Source: Revenue Services Lesotho — Employees' Tax (Pay As You Earn) · as of 2026-07-20
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference−12 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Lesotho25%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−5 ppPapua New Guinea higher

Papua New Guinea has a corporate tax rate of 30%, 5pp above Lesotho's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Lesotho15%Source: PwC — VAT and Indirect Taxes in Africa 2023, Lesotho · as of 2023-01-26
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference+5 ppLesotho higher

Lesotho has a VAT rate of 15%, 5pp above Papua New Guinea's 10%. The 181-country average is 15%: Lesotho matches the world average, Papua New Guinea sits below it. Lesotho's figure is dated 2023-01-26 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
Lesotho0%Source: Revenue Services Lesotho — official site (tax categories) · 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

Lesotho 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: Capital Gains Tax, Crypto Tax.