Facts
- Combined corporate income tax rate
- 30.0 % (2023)
- Top statutory personal income tax rate
- 35.0 % (2022)
- Tax revenue, % of GDP
- 14.8 % (2024)
- Top marginal rate incl. employee social security
- 35.0 % (2022)
- OECD member
- Yes
- Corporate income tax rate, central government
- 30.0 % (2023)
- Central CIT rate net of sub-central deduction
- 30.0 % (2023)
- Top marginal income tax rate (PIT only)
- 35.0 % (2022)
- Top rate threshold, × average wage
- 25.23× (2022)
- Average annual wage, US$ PPP
- $15,881 (2022)
- Average annual wage, national currency
- 154,646 (2022)
- Tax revenue level
- 10–15% of GDP
- Taxes on income, profits and capital gains, % of revenue
- 54.2 % (2024)
- Taxes on goods and services, % of value added
- 6.9 % (2024)
- ISO code
- MEX
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)
Tax revenue, % of GDP
| Period | Value |
|---|---|
| 2024 | 14.8 % |
| 2023 | 14.2 % |
| 2022 | 13.4 % |
| 2021 | 13.4 % |
| 2020 | 13.9 % |
| 2019 | 12.8 % |
| 2018 | 12.7 % |
| 2017 | 12.7 % |
| 2016 | 13.1 % |
| 2015 | 12.3 % |
| 2014 | 10.2 % |
| 2013 | 9.9 % |
Taxes on income, profits and capital gains, % of revenue
| Period | Value |
|---|---|
| 2024 | 54.2 % |
| 2023 | 55.5 % |
| 2022 | 57.6 % |
| 2021 | 53.2 % |
| 2020 | 52.8 % |
| 2019 | 52.7 % |
| 2018 | 54.4 % |
| 2017 | 54.8 % |
| 2016 | 52.2 % |
| 2015 | 51.7 % |
| 2014 | 52.7 % |
| 2013 | 57.1 % |
Taxes on goods and services, % of value added
| Period | Value |
|---|---|
| 2024 | 6.9 % |
| 2023 | 6.4 % |
| 2022 | 5.6 % |
| 2021 | 6.4 % |
| 2020 | 6.7 % |
| 2019 | 6.2 % |
| 2018 | 5.8 % |
| 2017 | 5.8 % |
| 2016 | 6.4 % |
| 2015 | 6.1 % |
| 2014 | 4.9 % |
| 2013 | 4.1 % |
Corporate income tax rate, central government
| Period | Value |
|---|---|
| 2023 | 30.0 % |
| 2022 | 30.0 % |
| 2021 | 30.0 % |
| 2020 | 30.0 % |
| 2019 | 30.0 % |
| 2018 | 30.0 % |
| 2017 | 30.0 % |
| 2016 | 30.0 % |
| 2015 | 30.0 % |
| 2014 | 30.0 % |
| 2013 | 30.0 % |
| 2012 | 30.0 % |
Combined corporate income tax rate
| Period | Value |
|---|---|
| 2023 | 30.0 % |
| 2022 | 30.0 % |
| 2021 | 30.0 % |
| 2020 | 30.0 % |
| 2019 | 30.0 % |
| 2018 | 30.0 % |
| 2017 | 30.0 % |
| 2016 | 30.0 % |
| 2015 | 30.0 % |
| 2014 | 30.0 % |
| 2013 | 30.0 % |
| 2012 | 30.0 % |
Top statutory personal income tax rate
| Period | Value |
|---|---|
| 2022 | 35.0 % |
| 2021 | 35.0 % |
| 2020 | 35.0 % |
| 2019 | 35.0 % |
| 2018 | 35.0 % |
| 2017 | 35.0 % |
| 2016 | 35.0 % |
| 2015 | 35.0 % |
| 2014 | 35.0 % |
| 2013 | 30.0 % |
| 2012 | 30.0 % |
| 2011 | 30.0 % |
Year by year · 35
| Country-year | Combined corporate income tax rate | Top statutory personal income tax rate | Tax revenue, % of GDP |
|---|---|---|---|
| Mexico 2024 | — | — | 14.8 % |
| Mexico 2023 | 30.0 % | — | 14.2 % |
| Mexico 2022 | 30.0 % | — | — |
| Mexico 2021 | 30.0 % | — | — |
| Mexico 2020 | 30.0 % | — | — |
| Mexico 2019 | 30.0 % | — | — |
| Mexico 2018 | 30.0 % | — | — |
| Mexico 2017 | 30.0 % | — | — |
| Mexico 2016 | 30.0 % | — | — |
| Mexico 2015 | 30.0 % | — | — |
| Mexico 2014 | 30.0 % | — | — |
| Mexico 2013 | 30.0 % | — | — |
| Mexico 2012 | 30.0 % | — | — |
| Mexico 2011 | 30.0 % | — | — |
| Mexico 2010 | 30.0 % | — | — |
| Mexico 2009 | 28.0 % | — | — |
| Mexico 2008 | 28.0 % | — | — |
| Mexico 2007 | 28.0 % | — | — |
| Mexico 2006 | 29.0 % | — | — |
| Mexico 2005 | 30.0 % | — | — |
| Mexico 2004 | 33.0 % | — | — |
| Mexico 2003 | 34.0 % | — | — |
| Mexico 2002 | 35.0 % | — | — |
| Mexico 2001 | 35.0 % | 40.0 % | — |
| Mexico 2000 | 35.0 % | 40.0 % | — |
| Mexico 1999 | — | — | 8.2 % |
| Mexico 1998 | — | — | 7.7 % |
| Mexico 1997 | — | — | 8.6 % |
| Mexico 1996 | — | — | 8.3 % |
| Mexico 1995 | — | — | 8.0 % |
| Mexico 1994 | — | — | 8.1 % |
| Mexico 1993 | — | — | 8.6 % |
| Mexico 1992 | — | — | 11.6 % |
| Mexico 1991 | — | — | 11.6 % |
| Mexico 1990 | — | — | 11.8 % |