Effective tax rates - Corporate tax statistics — Effective average in Mexico
Mexico: Effective tax rates - Corporate tax statistics — Effective average was 29.11 Percentage of taxable income in 2025. ▼ Falling
Effective tax rates - Corporate tax statistics — Effective average in Mexico, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
In 2025, effective tax rates - corporate tax statistics — effective average in Mexico stood at 29.11 Percentage of taxable income.
Compared with earlier readings it is up 0.3% on the previous year and down 38.9% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective average in Mexico peaked at 48.49 Percentage of taxable income in 2019 and was at its lowest, 29.02 Percentage of taxable income, in 2024.
That places Mexico 20th out of 99 countries with data for 2025, putting it in the top quarter.
Effective tax rates - Corporate tax statistics — Effective average in Mexico, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 47.66 Percentage of taxable income | — |
| 2018 | 47.88 Percentage of taxable income | +0.5% |
| 2019 | 48.49 Percentage of taxable income | +1.3% |
| 2020 | 48.31 Percentage of taxable income | -0.4% |
| 2021 | 47.36 Percentage of taxable income | -2.0% |
| 2022 | 29.14 Percentage of taxable income | -38.5% |
| 2023 | 29.1 Percentage of taxable income | -0.1% |
| 2024 | 29.02 Percentage of taxable income | -0.3% |
| 2025 | 29.11 Percentage of taxable income | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 48.01 Percentage of taxable income | 47.66 Percentage of taxable income | 48.49 Percentage of taxable income | 3 |
| 2020s | 35.34 Percentage of taxable income | 29.02 Percentage of taxable income | 48.31 Percentage of taxable income | 6 |
Countries ranked near Mexico
- 17 El Salvador 30.21 Percentage of taxable income compare
- 18 Malaysia 29.92 Percentage of taxable income compare
- 19 Kenya 29.7 Percentage of taxable income compare
- 21 Benin 29.09 Percentage of taxable income compare
- 22 Colombia 28.9 Percentage of taxable income compare
- 23 Eswatini 28.8 Percentage of taxable income compare
More economy & growth data for Mexico
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 11.88 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 7.63 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 105,930 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.96 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2906 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 4,036 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -5.6 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2241 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is effective tax rates - corporate tax statistics — effective average in Mexico?
- Effective tax rates - corporate tax statistics — effective average in Mexico was 29.11 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates - corporate tax statistics — effective average recorded in Mexico?
- The highest recorded value was 48.49 Percentage of taxable income in 2019.
- What is the lowest effective tax rates - corporate tax statistics — effective average recorded in Mexico?
- The lowest recorded value was 29.02 Percentage of taxable income in 2024.
- How does Mexico rank for effective tax rates - corporate tax statistics — effective average?
- Mexico ranks 20th out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective average rising or falling in Mexico?
- Over the last ten years it is down 38.9%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates - Corporate tax statistics — Effective average tax rate. Statizoid updates them automatically from the source API.
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About this data
This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.