MM · AsiaPG · Oceania

Myanmar vs Papua New Guinea: tax rates compared

Papua New Guinea's income tax rate is 17pp higher than Myanmar's (42% vs 25%). The 200-country average is 28%: Myanmar 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%Corporate22%30%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax MM PGDifference
Income Tax25%42%PG +17 pplargest gap
Corporate Tax22%30%PG +8 pp
Capital Gains Tax10%0%MM +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Myanmar25%Source: PWC Worldwide Tax Summaries — Myanmar (Individual, Taxes on personal income) · as of 2026-01-21
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
Myanmar22%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−8 ppPapua New Guinea higher

Papua New Guinea's corporate tax rate is 8pp higher than Myanmar's (30% vs 22%). The 201-country average is 22.6%: Myanmar sits below it, Papua New Guinea sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Myanmar10%Source: PwC Worldwide Tax Summaries — Myanmar (Individual, Other taxes) · as of 2026-01-21
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+10 ppMyanmar higher

Myanmar's capital gains tax rate is 10pp higher than Papua New Guinea's (10% vs 0%). The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Myanmar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-21
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Myanmar'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.

Not covered for both countries yet: VAT, Crypto Tax.