Grenada vs Mexico: Paying taxes: Profit tax
Grenada
26.5%
in 2019
Mexico
27.0%
in 2019
Grenada rank
22nd
Mexico rank
20th
Paying taxes: Profit tax over time
- Grenada
- Mexico
How they compare
Mexico currently reports 27.0% against 26.5% in Grenada, a difference of 0.5%.
The two have swapped places 2 times across 15 shared years of data; in 2005 it was Mexico ahead.
Grenada ranks 22nd and Mexico ranks 20th of 190 countries.
Grenada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Grenada | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 27.6% | 26.3% | 1.3% | Grenada |
| 2010s | 27.2% | 26.5% | 0.7% | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Grenada or Mexico?
- Mexico, at 27.0% against 26.5% in Grenada as of 2019.
- What is the difference in paying taxes: profit tax between Grenada and Mexico?
- 0.5%, with Mexico ahead.
- How many years of comparable data are there for Grenada and Mexico?
- 15 years are reported by both, from 2005 to 2019.
- How do Grenada and Mexico rank globally for paying taxes: profit tax?
- Grenada ranks 22nd and Mexico ranks 20th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.