Mexico vs Monaco: Statutory corporate income tax rate
Statutory corporate income tax rate over time
- Mexico
- Monaco
How they compare
Monaco currently reports 33.3% against 30.0% in Mexico, a difference of 3.3%.
That makes Monaco's figure about 1.1 times Mexico's.
The two have swapped places 1 time across 19 shared years of data; in 2000 it was Mexico ahead.
Mexico ranks 8th and Monaco ranks 6th of 93 countries.
Monaco has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Mexico | Monaco | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 31.5% | 33.3% | 1.8% | Monaco |
| 2010s | 30.0% | 33.3% | 3.3% | Monaco |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher statutory corporate income tax rate, Mexico or Monaco?
- Monaco, at 33.3% against 30.0% in Mexico as of 2018.
- What is the difference in statutory corporate income tax rate between Mexico and Monaco?
- 3.3%, with Monaco ahead.
- How many years of comparable data are there for Mexico and Monaco?
- 19 years are reported by both, from 2000 to 2018.
- How do Mexico and Monaco rank globally for statutory corporate income tax rate?
- Mexico ranks 8th and Monaco ranks 6th of 93 countries.
- Where does this data come from?
- OECD (2019) β processed by Our World in Data, published as Statutory corporate income tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.