Mexico vs Philippines: Tax revenue
Tax revenue over time
- Mexico
- Philippines
How they compare
Mexico currently reports 4.97 trillion current LCU against 3.80 trillion current LCU in Philippines, a difference of 1.17 trillion current LCU.
That makes Mexico's figure about 1.3 times Philippines's.
The two have swapped places 1 time across 28 shared years of data; in 1990 it was Philippines ahead.
Mexico ranks 28th and Philippines ranks 29th of 157 countries.
Across the 4 decades both report, Mexico averaged higher in 3 and Philippines in 1.
Head to head by decade
| Decade | Mexico | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 233.13 billion current LCU | 298.30 billion current LCU | 65.17 billion current LCU | Philippines |
| 2000s | 1.02 trillion current LCU | 830.27 billion current LCU | 188.54 billion current LCU | Mexico |
| 2010s | 2.21 trillion current LCU | 1.84 trillion current LCU | 379.10 billion current LCU | Mexico |
| 2020s | 4.08 trillion current LCU | 3.14 trillion current LCU | 937.41 billion current LCU | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Mexico or Philippines?
- Mexico, at 4.97 trillion current LCU against 3.80 trillion current LCU in Philippines as of 2024.
- What is the difference in tax revenue between Mexico and Philippines?
- 1.17 trillion current LCU, with Mexico ahead.
- How many years of comparable data are there for Mexico and Philippines?
- 28 years are reported by both, from 1990 to 2024.
- How do Mexico and Philippines rank globally for tax revenue?
- Mexico ranks 28th and Philippines ranks 29th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.