Personal income tax (PIT) - top statutory and marginal tax rate — Top in Mexico
Mexico: Personal income tax (PIT) - top statutory and marginal tax rate — Top was 20.57 Factor of average annual wage in 2025. ◆ Volatile
Personal income tax (PIT) - top statutory and marginal tax rate — Top in Mexico, 2000–2025
Source: Organisation for Economic Co-operation and Development. Measured in Factor of average annual wage.
Analysis
In 2025, personal income tax (pit) - top statutory and marginal tax rate — top in Mexico stood at 20.57 Factor of average annual wage.
That represents a change of down 4.3% on the previous year and down 26.3% over ten years.
Over the whole period, personal income tax (pit) - top statutory and marginal tax rate — top in Mexico peaked at 48.59 Factor of average annual wage in 2000 and was at its lowest, 1.36 Factor of average annual wage, in 2007.
That places Mexico 2nd out of 29 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Personal income tax (PIT) - top statutory and marginal tax rate — Top in Mexico, year by year
| Year | Factor of average annual wage | Change |
|---|---|---|
| 2000 | 48.59 Factor of average annual wage | — |
| 2001 | 46.24 Factor of average annual wage | -4.8% |
| 2002 | 10.89 Factor of average annual wage | -76.5% |
| 2003 | 3.57 Factor of average annual wage | -67.2% |
| 2004 | 1.68 Factor of average annual wage | -52.8% |
| 2005 | 1.5 Factor of average annual wage | -10.8% |
| 2006 | 1.43 Factor of average annual wage | -5.1% |
| 2007 | 1.36 Factor of average annual wage | -4.9% |
| 2008 | 4.83 Factor of average annual wage | +256.4% |
| 2009 | 4.65 Factor of average annual wage | -3.9% |
| 2010 | 4.51 Factor of average annual wage | -3.0% |
| 2011 | 4.33 Factor of average annual wage | -4.0% |
| 2012 | 4.15 Factor of average annual wage | -4.0% |
| 2013 | 4 Factor of average annual wage | -3.7% |
| 2014 | 29.09 Factor of average annual wage | +627.1% |
| 2015 | 27.92 Factor of average annual wage | -4.0% |
| 2016 | 26.87 Factor of average annual wage | -3.8% |
| 2017 | 25.66 Factor of average annual wage | -4.5% |
| 2018 | 28.2 Factor of average annual wage | +9.9% |
| 2019 | 26.31 Factor of average annual wage | -6.7% |
| 2020 | 25.32 Factor of average annual wage | -3.8% |
| 2021 | 25.41 Factor of average annual wage | +0.4% |
| 2022 | 22.72 Factor of average annual wage | -10.6% |
| 2023 | 23.61 Factor of average annual wage | +3.9% |
| 2024 | 21.48 Factor of average annual wage | -9.0% |
| 2025 | 20.57 Factor of average annual wage | -4.3% |
Biggest year-on-year movements
Years where Personal income tax (PIT) - top statutory and marginal tax rate — Top in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +627.1% | 4 Factor of average annual wage | 29.09 Factor of average annual wage |
| 2008 | +256.4% | 1.36 Factor of average annual wage | 4.83 Factor of average annual wage |
| 2002 | -76.5% | 46.24 Factor of average annual wage | 10.89 Factor of average annual wage |
| 2003 | -67.2% | 10.89 Factor of average annual wage | 3.57 Factor of average annual wage |
| 2004 | -52.8% | 3.57 Factor of average annual wage | 1.68 Factor of average annual wage |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.47 Factor of average annual wage | 1.36 Factor of average annual wage | 48.59 Factor of average annual wage | 10 |
| 2010s | 18.1 Factor of average annual wage | 4 Factor of average annual wage | 29.09 Factor of average annual wage | 10 |
| 2020s | 23.18 Factor of average annual wage | 20.57 Factor of average annual wage | 25.41 Factor of average annual wage | 6 |
Countries ranked near Mexico
- 1 Colombia 51.54 Factor of average annual wage compare
- 1 Türkiye 5.58 Factor of average annual wage compare
- 2 Lithuania 4.44 Factor of average annual wage compare
- 3 Chile 18.58 Factor of average annual wage compare
- 3 Slovenia 3.59 Factor of average annual wage compare
- 4 Austria 17.44 Factor of average annual wage compare
- 4 Poland 1.35 Factor of average annual wage compare
- 5 France 12.94 Factor of average annual wage compare
- 5 Netherlands 1.17 Factor of average annual wage 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 11.29 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 85.55 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 43.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0235 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 326.53 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.41 % change on previous year (2025)
Frequently asked questions
- What is personal income tax (pit) - top statutory and marginal tax rate — top in Mexico?
- Personal income tax (pit) - top statutory and marginal tax rate — top in Mexico was 20.57 Factor of average annual wage in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest personal income tax (pit) - top statutory and marginal tax rate — top recorded in Mexico?
- The highest recorded value was 48.59 Factor of average annual wage in 2000.
- What is the lowest personal income tax (pit) - top statutory and marginal tax rate — top recorded in Mexico?
- The lowest recorded value was 1.36 Factor of average annual wage in 2007.
- How does Mexico rank for personal income tax (pit) - top statutory and marginal tax rate — top?
- Mexico ranks 2nd out of 29 countries with data for 2025.
- Is personal income tax (pit) - top statutory and marginal tax rate — top rising or falling in Mexico?
- Over the last ten years it is down 26.3%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Personal income tax (PIT) - top statutory and marginal tax rate — Top statutory personal income tax rate earnings threshold. Statizoid updates them automatically from the source API.
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About this data
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