Colombia vs Mexico: Personal income tax (PIT) - top statutory and marginal tax rate — Top

Colombia
51.54 Factor of average annual wage
in 2025
Mexico
20.57 Factor of average annual wage
in 2025
Colombia rank
1st
Mexico rank
2nd

Personal income tax (PIT) - top statutory and marginal tax rate — Top over time

  • Colombia
  • Mexico
0204060200020122025

How they compare

Colombia currently reports 51.54 Factor of average annual wage against 20.57 Factor of average annual wage in Mexico, a difference of 30.97 Factor of average annual wage.

That makes Colombia's figure about 2.5 times Mexico's.

The two have swapped places 3 times across 26 shared years of data; in 2000 it was Mexico ahead.

Colombia ranks 1st and Mexico ranks 2nd of 29 countries.

Across the 3 decades both report, Colombia averaged higher in 2 and Mexico in 1.

Head to head by decade

Decade Colombia Mexico Difference Ahead
2000s 17.33 Factor of average annual wage 12.47 Factor of average annual wage 4.86 Factor of average annual wage Colombia
2010s 16.87 Factor of average annual wage 18.1 Factor of average annual wage 1.23 Factor of average annual wage Mexico
2020s 57.65 Factor of average annual wage 23.18 Factor of average annual wage 34.47 Factor of average annual wage Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal income tax (pit) - top statutory and marginal tax rate — top, Colombia or Mexico?
Colombia, at 51.54 Factor of average annual wage against 20.57 Factor of average annual wage in Mexico as of 2025.
What is the difference in personal income tax (pit) - top statutory and marginal tax rate — top between Colombia and Mexico?
30.97 Factor of average annual wage, with Colombia ahead.
How many years of comparable data are there for Colombia and Mexico?
26 years are reported by both, from 2000 to 2025.
How do Colombia and Mexico rank globally for personal income tax (pit) - top statutory and marginal tax rate — top?
Colombia ranks 1st and Mexico ranks 2nd of 29 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Personal income tax (PIT) - top statutory and marginal tax rate — Top statutory personal income tax rate earnings threshold. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Mexico: Personal income tax (PIT) - top statutory and marginal tax rate — Top. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/personal-income-tax-pit-top-statutory-and-marginal-tax-rate-top-statutory-personal-income/colombia/mexico/

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About this data

Indicator
Personal income tax (PIT) - top statutory and marginal tax rate — Top statutory personal income tax rate earnings threshold
Unit
Factor of average annual wage
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 988 data points, 2000–2025
Last refreshed

A single person without dependants based on the earnings level where the top statutory personal income tax rate first applies. The marginal tax rates are derived on the basis of a unit increase in gross wage earnings at the threshold. Related topics: Taxing Wages, Labour taxation, Tax wedge decomposition, Average wage, Income, Household