The Social Security Rate For Companies in Papua New Guinea stands at 8.40 percent. Social Security Rate For Companies in Papua New Guinea averaged 8.40 percent from 2010 until 2024, reaching an all time high of 8.40 percent in 2011 and a record low of 8.40 percent in 2011. source: Internal Revenue Commission

Social Security Rate For Companies in Papua New Guinea is expected to reach 8.40 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Social Security Rate For Companies is projected to trend around 8.40 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
Corporate Tax Rate 30.00 30.00 percent Dec 2024
Personal Income Tax Rate 42.00 42.00 percent Dec 2024
Sales Tax Rate 10.00 10.00 percent Dec 2024
Social Security Rate 14.40 14.40 percent Dec 2024
Social Security Rate For Companies 8.40 8.40 percent Dec 2024
Social Security Rate For Employees 6.00 6.00 percent Dec 2024
Withholding Tax Rate 15.00 15.00 percent Dec 2024

Papua New Guinea Social Security Rate For Companies
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.
Actual Previous Highest Lowest Dates Unit Frequency
8.40 8.40 8.40 8.40 2010 - 2024 percent Yearly