MK · EuropePG · Oceania
North Macedonia vs Papua New Guinea: tax rates compared
Papua New Guinea has an income tax rate of 42%, 32pp above North Macedonia's 10%. The 200-country average is 28%: North Macedonia sits below it, Papua New Guinea sits above it. North Macedonia's figure is dated 2023-01-01 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
| Tax | MK | PG | Difference |
|---|---|---|---|
| Income Tax | 10% | 42% | PG +32 pplargest gap |
| Corporate Tax | 10% | 30% | PG +20 pp |
| VAT | 18% | 10% | MK +8 pp |
| Capital Gains Tax | 10% | 0% | MK +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 10% | Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01 |
| Papua New Guinea | 42% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27 |
| Difference | −32 pp | Papua New Guinea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Papua New Guinea | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −20 pp | Papua New Guinea higher |
Papua New Guinea has a corporate tax rate of 30%, 20pp above North Macedonia's 10%. The 201-country average is 22.6%: North Macedonia sits below it, Papua New Guinea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 18% | Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23 |
| Papua New Guinea | 10% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | +8 pp | North Macedonia higher |
North Macedonia has a VAT rate of 18%, 8pp above Papua New Guinea's 10%. The 181-country average is 15%: North Macedonia sits above it, Papua New Guinea sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 10% | Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08 |
| Papua New Guinea | 0% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27 |
| Difference | +10 pp | North Macedonia higher |
North Macedonia has a capital gains tax rate of 10%, 10pp above Papua New Guinea's 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 0% | Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18 |
| Papua New Guinea | 0% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
North Macedonia 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.