There are 12 entities in the 2019–20 PRRT transparency population, with total PRRT payable of $881.2 million. The number of entities paying PRRT increased from 11 in the previous year, and PRRT payable decreased from $1.06 billion.
The decrease in PRRT payable reflects the decreased profitability of PRRT-liable companies in 2019–20; oil prices were a key driver (see World Bank commodity prices dataExternal Link). Figure 19 shows the trend in PRRT payable over the past five years.
Figure 19: Number of PRRT entities and PRRT payable over five years