Papua New Guinea - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Papua New Guinea was 3,936,557,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 3,936,557,000 in 2019 and a minimum value of 98,690,000 in 1991.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 108,630,000
1991 98,690,000
1992 109,670,000
1993 113,210,000
1994 118,068,000
1995 122,510,000
1996 125,500,000
1997 161,800,000
1998 188,970,000
1999 216,159,000
2000 255,095,000
2001 342,463,000
2002 342,796,000
2014 2,883,600,000
2015 2,680,129,000
2016 2,584,074,000
2017 3,255,054,000
2018 3,537,299,000
2019 3,936,557,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Papua New Guinea was 28.39 as of 2019. Its highest value over the past 29 years was 28.39 in 2019, while its lowest value was 6.85 in 1996.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1990 10.88
1991 8.14
1992 9.82
1993 8.64
1994 8.36
1995 7.66
1996 6.85
1997 7.72
1998 9.41
1999 8.70
2000 9.23
2001 12.08
2002 12.86
2014 24.28
2015 24.36
2016 24.64
2017 28.24
2018 25.11
2019 28.39

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Papua New Guinea was 5.98 as of 2019. Its highest value over the past 5 years was 6.53 in 2014, while its lowest value was 5.08 in 2016.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
2014 6.53
2015 5.71
2016 5.08
2017 5.76
2018 5.67
2019 5.98

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance