Taxes on goods and services gdp in Mexico
Mexico: Taxes on goods and services gdp was 5.8 in 2023. ▼ Falling
Latest (2023)
5.8
Change on year
up 14.2%
World rank
119th
of 186 countries
All-time high
9.82
in 1983
All-time low
3.23
in 1996
Years of data
44
1980–2023
Taxes on goods and services gdp in Mexico, 1980–2023
Source: Our World in Data.
Analysis
Mexico recorded 5.8 for taxes on goods and services gdp in 2023.
That represents a change of up 14.2% on the previous year and up 49.2% over ten years.
Over the whole period, taxes on goods and services gdp in Mexico peaked at 9.82 in 1983 and was at its lowest, 3.23, in 1996.
That places Mexico 119th out of 186 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Taxes on goods and services gdp in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 6.16 | — |
| 1981 | 6.15 | -0.2% |
| 1982 | 7.06 | +14.8% |
| 1983 | 9.82 | +39.2% |
| 1984 | 9.23 | -6.0% |
| 1985 | 8.86 | -4.1% |
| 1986 | 7.76 | -12.4% |
| 1987 | 8.75 | +12.7% |
| 1988 | 7.71 | -11.8% |
| 1989 | 7.57 | -1.9% |
| 1990 | 4.34 | -42.7% |
| 1991 | 4.15 | -4.4% |
| 1992 | 3.93 | -5.3% |
| 1993 | 3.39 | -13.6% |
| 1994 | 3.78 | +11.4% |
| 1995 | 3.29 | -13.0% |
| 1996 | 3.23 | -1.8% |
| 1997 | 3.61 | +11.9% |
| 1998 | 4.03 | +11.7% |
| 1999 | 4.46 | +10.5% |
| 2000 | 4.06 | -9.0% |
| 2001 | 4.5 | +10.9% |
| 2002 | 4.77 | +6.0% |
| 2003 | 4.72 | -1.0% |
| 2004 | 4.21 | -10.9% |
| 2005 | 3.89 | -7.5% |
| 2006 | 3.97 | +2.0% |
| 2007 | 3.95 | -0.4% |
| 2008 | 4.31 | +9.1% |
| 2009 | 4.17 | -3.2% |
| 2010 | 4.43 | +6.2% |
| 2011 | 4.2 | -5.2% |
| 2012 | 4.14 | -1.4% |
| 2013 | 3.89 | -6.2% |
| 2014 | 4.51 | +16.0% |
| 2015 | 5.57 | +23.5% |
| 2016 | 5.86 | +5.2% |
| 2017 | 5.33 | -9.1% |
| 2018 | 5.33 | -0.0% |
| 2019 | 5.61 | +5.4% |
| 2020 | 6.08 | +8.2% |
| 2021 | 5.8 | -4.5% |
| 2022 | 5.08 | -12.4% |
| 2023 | 5.8 | +14.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.9 | 6.15 | 9.82 | 10 |
| 1990s | 3.82 | 3.23 | 4.46 | 10 |
| 2000s | 4.25 | 3.89 | 4.77 | 10 |
| 2010s | 4.89 | 3.89 | 5.86 | 10 |
| 2020s | 5.69 | 5.08 | 6.08 | 4 |
Countries ranked near Mexico
- 116 Guinea 5.94 compare
- 117 Marshall Islands 5.94 compare
- 118 Madagascar 5.81 compare
- 120 Viet Nam 5.74 compare
- 121 Benin 5.66 compare
- 122 Lao People's Democratic Republic 5.64 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)
- Net primary income (Net income from abroad) (current LCU), annual -15.9 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 2.57 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0665 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 923.95 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 7.8 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 17,775 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0406 (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Mexico?
- Taxes on goods and services gdp in Mexico was 5.8 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Mexico?
- The highest recorded value was 9.82 in 1983.
- What is the lowest taxes on goods and services gdp recorded in Mexico?
- The lowest recorded value was 3.23 in 1996.
- How does Mexico rank for taxes on goods and services gdp?
- Mexico ranks 119th out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Mexico?
- Over the last ten years it is up 49.2%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
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