LR · AfricaPG · Oceania

Liberia vs Papua New Guinea: tax rates compared

Papua New Guinea has an income tax rate of 42%, 17pp above Liberia's 25%. The 200-country average is 28%: Liberia sits below it, Papua New Guinea sits 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

0102030405060Income25%42%Corporate25%30%Capital Gains0%25%Wealth Tax0%
four shared taxes, side by side
Tax LR PGDifference
Income Tax25%42%PG +17 pp
Corporate Tax25%30%PG +5 pp
Capital Gains Tax25%0%LR +25 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Liberia25%Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Taxes on personal income) · as of 2026-01-14
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
Liberia25%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 Liberia's 25%. The 201-country average is 22.6%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Liberia25%Source: PWC Worldwide Tax Summaries — Republic of Liberia (Individual, Taxes on personal income) · as of 2026-01-14
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+25 ppLiberia higher

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

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Liberia0%Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Other taxes) · as of 2026-01-14
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Liberia 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: VAT, Crypto Tax.