Paying taxes: Profit tax in Mexico
Mexico: Paying taxes: Profit tax was 27.0% in 2019. ▬ Flat
Latest (2019)
27.0%
Change on year
down 3.2%
World rank
20th
of 190 countries
All-time high
29.6%
in 2005
All-time low
24.5%
in 2008
Years of data
15
2005–2019
Paying taxes: Profit tax in Mexico, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Mexico recorded 27.0% for paying taxes: profit tax in 2019.
Compared with earlier readings it is down 3.2% on the previous year and up 6.3% over ten years.
Over the whole period, paying taxes: profit tax in Mexico peaked at 29.6% in 2005 and was at its lowest, 24.5%, in 2008.
Mexico ranks 20th of 190 countries on this measure, in the top quarter.
Paying taxes: Profit tax in Mexico, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 29.6% | — |
| 2006 | 26.2% | -11.5% |
| 2007 | 25.6% | -2.3% |
| 2008 | 24.5% | -4.3% |
| 2009 | 25.4% | +3.7% |
| 2010 | 24.5% | -3.5% |
| 2011 | 26.3% | +7.3% |
| 2012 | 26.2% | -0.4% |
| 2013 | 26.4% | +0.8% |
| 2014 | 26.5% | +0.4% |
| 2015 | 27.2% | +2.6% |
| 2016 | 26.4% | -2.9% |
| 2017 | 26.9% | +1.9% |
| 2018 | 27.9% | +3.7% |
| 2019 | 27.0% | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.3% | 24.5% | 29.6% | 5 |
| 2010s | 26.5% | 24.5% | 27.9% | 10 |
Countries ranked near Mexico
More reference data data for Mexico
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 4.11 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 16.66 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 32.65 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 32.65 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 13.78 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.36 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 84.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 157.18 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 9.55 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Mexico?
- Paying taxes: profit tax in Mexico was 27.0% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Mexico?
- The highest recorded value was 29.6% in 2005.
- What is the lowest paying taxes: profit tax recorded in Mexico?
- The lowest recorded value was 24.5% in 2008.
- How does Mexico rank for paying taxes: profit tax?
- Mexico ranks 20th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Mexico?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is flat.
- Where does this Mexico data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.