Mexico—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #11 of 137Updated April 2026
Latest Value
41.3%
2023
YoY Change
+3.1%
2022 → 2023
Global Rank
#11
of 137 countries
Maximum
41.3%
2023
Minimum
24.7%
2008
CAGR
+0.8%
17 years
Last
41.3%
Previous
40.1%
Highest
41.3%
Lowest
24.7%
Source
World Bank World Development Indicators
Mexico's taxes on income, profits & capital gains (% of rev) was 41.3% in 2023, ranking #11 out of 137 countries. This represents a +3.1% change from 2022. Over the past 17 years, the highest recorded value was 41.3% (2023) and the lowest was 24.7% (2008). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 41.3% | +3.1% |
| 2022 | 40.1% | +3.1% |
| 2021 | 38.9% | -1.3% |
| 2020 | 39.4% | +8.1% |
| 2019 | 36.4% | -3.5% |
| 2018 | 37.7% | +5.4% |
| 2017 | 35.8% | +0.1% |
| 2016 | 35.7% | +2.8% |
| 2015 | 34.7% | +13.8% |
| 2014 | 30.5% | -2.4% |
| 2013 | 31.3% | +15.5% |
| 2012 | 27.1% | -2.8% |
| 2011 | 27.9% | -1.5% |
| 2010 | 28.3% | +2.9% |
| 2009 | 27.5% | +11.5% |
| 2008 | 24.7% | -27.7% |
| 2000 | 34.1% |
Top Countries — Taxes on Income, Profits & Capital Gains (% of rev)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Australia | 67.9% | 2022 |
| 2 | Papua New Guinea | 59.2% | 2023 |
| 3 | New Zealand | 56.9% | 2023 |
| 4 | United States | 56.7% | 2024 |
| 5 | Canada | 54.6% | 2024 |
| 6 | Ireland | 49.7% | 2022 |
| 7 | Malaysia | 49.4% | 2023 |
| 8 | Denmark | 48.9% | 2023 |
| 9 | South Africa | 48.0% | 2023 |
| 10 | Nicaragua | 41.8% | 2023 |
About This Indicator
Definition
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).