Effective tax rates: Corporate tax statistics Effective … marginal in Mexico
Mexico: Effective tax rates: Corporate tax statistics Effective … marginal was 39.73 Percentage of taxable income in 2025. ▼ Falling
Effective tax rates - Corporate tax statistics — Effective marginal in Mexico, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
Mexico recorded 39.73 Percentage of taxable income for effective tax rates - corporate tax statistics — effective marginal in 2025.
That represents a change of up 1.4% on the previous year and down 64.6% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective marginal in Mexico peaked at 112.39 Percentage of taxable income in 2017 and was at its lowest, 39.16 Percentage of taxable income, in 2024.
That places Mexico 37th out of 99 countries with data for 2025, putting it in the middle of the range.
Effective tax rates: Corporate tax statistics Effective … marginal in Mexico, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 112.39 Percentage of taxable income | — |
| 2018 | 111.22 Percentage of taxable income | -1.0% |
| 2019 | 110.02 Percentage of taxable income | -1.1% |
| 2020 | 110.06 Percentage of taxable income | +0.0% |
| 2021 | 110.53 Percentage of taxable income | +0.4% |
| 2022 | 39.46 Percentage of taxable income | -64.3% |
| 2023 | 39.37 Percentage of taxable income | -0.2% |
| 2024 | 39.16 Percentage of taxable income | -0.5% |
| 2025 | 39.73 Percentage of taxable income | +1.4% |
Mexico compared with similar countries
- Mexico's 39.73 Percentage of taxable income is above the median for upper middle income countries, which is 34.66 Percentage of taxable income, 1.1× the median. (24 countries reporting)
- Mexico's 39.73 Percentage of taxable income is above the median for Latin America & Caribbean, which is 27.92 Percentage of taxable income, 1.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 111.21 Percentage of taxable income | 110.02 Percentage of taxable income | 112.39 Percentage of taxable income | 3 |
| 2020s | 63.05 Percentage of taxable income | 39.16 Percentage of taxable income | 110.53 Percentage of taxable income | 6 |
Countries ranked near Mexico
- 34 Armenia 42.55 Percentage of taxable income compare
- 35 Kenya 42.07 Percentage of taxable income compare
- 36 Eswatini 42.02 Percentage of taxable income compare
- 38 Benin 39.63 Percentage of taxable income compare
- 39 Dominican Republic 39.2 Percentage of taxable income compare
- 40 Ireland 38.77 Percentage of taxable income compare
More economy & growth data for Mexico
- Real gdp growth, annual growth rate -56.52 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.18 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 124.78 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7963 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 91.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 1.94 % change on previous year (2025)
Frequently asked questions
- What is effective tax rates - corporate tax statistics — effective marginal in Mexico?
- Effective tax rates - corporate tax statistics — effective marginal in Mexico was 39.73 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 marginal recorded in Mexico?
- The highest recorded value was 112.39 Percentage of taxable income in 2017.
- What is the lowest effective tax rates - corporate tax statistics — effective marginal recorded in Mexico?
- The lowest recorded value was 39.16 Percentage of taxable income in 2024.
- How does Mexico rank for effective tax rates - corporate tax statistics — effective marginal?
- Mexico ranks 37th out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective marginal rising or falling in Mexico?
- Over the last ten years it is down 64.6%. 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 marginal 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.