Papua New Guinea Social Security Rate

The Social Security Rate in Papua New Guinea stands at 14.40 percent.

Social Security Rate in Papua New Guinea is expected to be 14.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Social Security Rate is projected to trend around 14.40 percent in 2020, according to our econometric models.

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Papua New Guinea Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	30.00	30.00	30.00	25.00	percent	[+]
Personal Income Tax Rate	42.00	42.00	47.00	42.00	percent	[+]
Sales Tax Rate	10.00	10.00	10.00	10.00	percent	[+]
Social Security Rate	14.40	14.40	14.40	14.40	percent	[+]
Social Security Rate For Companies	8.40	8.40	8.40	8.40	percent	[+]
Social Security Rate For Employees	6.00	6.00	6.00	6.00	percent	[+]

In Papua New Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Papua New Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Papua New Guinea Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Social Security Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	14.40	14.40	14.40	14.40	2010 - 2019	percent	Yearly

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Country	Last		Previous	Range
France	59.20	Dec/18	59.2	59.2 : 51.22	%
China	48.00	Dec/18	48	48 : 48	%
Netherlands	47.45	Dec/19	46.65	53.05 : 46.12	%
Argentina	43.70	Dec/19	43.7	44 : 40	%
Brazil	39.80	Dec/19	39.8	42.8 : 31	%
Italy	39.49	Dec/19	39.49	45.9 : 39.49	%
Germany	39.06	Dec/19	40.21	42.53 : 33.35	%
Turkey	37.50	Dec/19	37.5	38.5 : 31.5	%
Singapore	37.00	Dec/19	37	37 : 33	%
Spain	36.25	Dec/19	36.25	39.44 : 36.2	%
Russia	30.00	Dec/19	30	35.6 : 26	%
Japan	29.20	Dec/18	29.2	29.6 : 18.39	%
United Kingdom	25.80	Dec/19	25.8	25.8 : 9	%
India	24.00	Dec/18	24	24 : 24	%
Saudi Arabia	22.00	Dec/19	22	22 : 20	%
South Korea	18.81	Dec/18	18.81	18.81 : 15.3	%
United States	15.30	Dec/18	15.3	16.75 : 15.3	%
Canada	14.09	Dec/19	13.81	14.95 : 7.9	%
Switzerland	12.00	Dec/19	12	18.1 : 12	%
Australia	11.50	Dec/19	11.5	11.5 : 10.5	%
Indonesia	9.74	Dec/18	9.74	15.74 : 9.74	%
Mexico	9.23	Dec/18	9.23	17.63 : 0	%
South Africa	2.00	Dec/19	2	3 : 2	%