The Social Security Rate in Papua New Guinea stands at 14.40 percent. source: Internal Revenue Commission

Social Security Rate in Papua New Guinea is expected to reach 14.40 percent by the end of 2021, 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 2022, according to our econometric models.

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Papua New Guinea Social Security Rate



Related Last Previous Unit Reference
Social Security Rate 14.40 14.40 percent Dec 2021
Social Security Rate For Companies 8.40 8.40 percent Dec 2021
Social Security Rate For Employees 6.00 6.00 percent Jan 2021

Papua New Guinea Social Security Rate
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
14.40 14.40 14.40 14.40 2010 - 2021 percent Yearly