Papua New Guinea PG: Revenue and Grants: Revenue: Tax Revenue: % of GDP

Papua New Guinea PG: Revenue and Grants: Revenue: Tax Revenue: % of GDP data was reported at 13.504 % in 2016. This records a decrease from the previous number of 16.028 % for 2015. Papua New Guinea PG: Revenue and Grants: Revenue: Tax Revenue: % of GDP data is updated yearly, averaging 19.969 % from Dec 1990 (Median) to 2016, with 16 observations. The data reached an all-time high of 24.696 % in 2001 and a record low of 13.504 % in 2016. Papua New Guinea PG: Revenue and Grants: Revenue: Tax Revenue: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted Average;

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