Guyana vs Papua New Guinea
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇬🇾 Guyana — Regional & Municipal Taxes
Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.
🇵🇬 Papua New Guinea — Provincial & Local Government Taxes
Papua New Guinea's 22 provinces and the National Capital District levy their own provincial income taxes on certain income types, business licence fees, and sundry local charges. The Internal Revenue Commission (IRC) administers national taxes. PNG's economy is dominated by extractive industries (LNG, gold, copper) under fiscal resource contracts. The LNG sector has transformed government revenues. Significant informal economy and subsistence agriculture outside the formal tax base. A GST at 10% applies broadly.
Guyana vs Papua New Guinea: Key Tax Differences (2026)
💰 Income Tax: 🇵🇬 Papua New Guinea has a higher top income tax rate (28–40% vs 22–42%). 🇬🇾 Guyana is more favourable for high earners.
🛒 VAT/Sales Tax: Guyana has a higher consumption tax (14% vs 10%).
🏢 Corporate Tax: 🇵🇬 Papua New Guinea offers a lower corporate rate (30% vs 40%), which can influence business location decisions.
📈 Capital Gains: 🇵🇬 Papua New Guinea taxes investment gains at a lower rate (17% vs 20%), benefiting investors.