Social Security Rate for Companies and Employees in Papua New Guinea
Social Security Rate Data in Papua New Guinea
| Indicator | Data | Period |
|---|---|---|
| Social Security Rate | 14.4 % | 2023 |
| Social Security Rate For Companies | 8.4 % | 2023 |
| Social Security Rate For Employees | 6 % | 2023 |
Latest data on Social Security Rate (%)
What is Social Security Rate in Papua New Guinea?
- Social Security Rate in Papua New Guinea remained unchanged at 14.4 % in 2023. The maximum rate was 14.4 % and minimum was 14.4 %.
- Data published Yearly by Internal Revenue Commission.
Historical Data (%) by years
Data
Period
Date
| 14.4 | 2023 | 05.04.2023 |
| 14.4 | 2022 | 24.10.2022 |
| 14.4 | 2021 | 16.08.2021 |
| 14.4 | 2019 | 19.06.2019 |
| 14.4 | 2018 | 13.02.2018 |
| 14.4 | 2016 | 11.08.2017 |
| 14.4 | 2015 | 31.12.2015 |
| 14.4 | 2014 | 31.12.2014 |
Historical Chart by governors (%)
Social Security Rate in Papua New Guinea by governors
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Robert Dadae | 28.02.2017 - | 14.4000 | 14.4000 | 14.4000 | 14.4000 | 0.00% |
| Michael Ogio | 25.02.2011 - 28.02.2017 | 14.4000 | 14.4000 | 14.4000 | 14.4000 | 0.00% |
Latest data on Social Security Rate For Companies (%)
What is Social Security Rate For Companies in Papua New Guinea?
- Social Security Rate in Papua New Guinea remained unchanged at 8.4 % in 2023. The maximum rate was 8.4 % and minimum was 8.4 %.
- Data published Yearly by Internal Revenue Commission.
Historical Data (%) by years
Data
Period
Date
| 8.4 | 2023 | 05.04.2023 |
| 8.4 | 2022 | 24.10.2022 |
| 8.4 | 2021 | 16.08.2021 |
| 8.4 | 2019 | 19.06.2019 |
| 8.4 | 2018 | 13.02.2018 |
| 8.4 | 2016 | 11.08.2017 |
| 8.4 | 2015 | 31.12.2015 |
| 8.4 | 2014 | 31.12.2014 |
Historical Chart by governors (%)
Social Security Rate For Companies in Papua New Guinea by governors
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Robert Dadae | 28.02.2017 - | 8.4000 | 8.4000 | 8.4000 | 8.4000 | 0.00% |
| Michael Ogio | 25.02.2011 - 28.02.2017 | 8.4000 | 8.4000 | 8.4000 | 8.4000 | 0.00% |
Latest data on Social Security Rate For Employees (%)
What is employer Social Security rate in Papua New Guinea?
- Corporate Tax Rate in Papua New Guinea remained unchanged at 6 % in 2023. The maximum rate was 6 % and minimum was 6 %.
- Data published Yearly by Internal Revenue Commission.
Historical Data (%) by years
Data
Period
Date
| 6 | 2023 | 05.04.2023 |
| 6 | 2022 | 24.10.2022 |
| 6 | 2021 | 16.08.2021 |
| 6 | 2019 | 19.06.2019 |
| 6 | 2018 | 13.02.2018 |
| 6 | 2016 | 11.08.2017 |
| 6 | 2015 | 31.12.2015 |
| 6 | 2014 | 31.12.2014 |
Historical Chart by governors (%)
Social Security Rate For Employees in Papua New Guinea by governors
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Robert Dadae | 28.02.2017 - | 6.0000 | 6.0000 | 6.0000 | 6.0000 | 0.00% |
| Michael Ogio | 25.02.2011 - 28.02.2017 | 6.0000 | 6.0000 | 6.0000 | 6.0000 | 0.00% |
Other taxes in Papua New Guinea
| Index | Updated | Actual | Previous |
| Corporate Tax Rate | 2023 | 30 % | 30 |
| Personal Income Tax Rate | 2023 | 42 % | 42 |
| Sales Tax Rate | 2023 | 10 % | 10 |
Social Security Rate in other countries
| Country | Updated | Actual | Previous |
| Australia | 2023 | 13 % | 12.5 |
| New Zealand | 2021 | 11 % | 11 |
| Papua New Guinea | 2023 | 14.4 % | 14.4 |
| Fiji | 2022 | 11 % | 10 |
