Mexico vs United States of America: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Mexico
- United States of America
How they compare
United States of America currently reports 2.93 trillion current LCU against 2.69 trillion current LCU in Mexico, a difference of 243.24 billion current LCU.
That makes United States of America's figure about 1.1 times Mexico's.
Across all 46 years both countries report, United States of America has been ahead every year.
Mexico ranks 23rd and United States of America ranks 22nd of 153 countries.
United States of America has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Mexico | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 75.38 million current LCU | 187.07 billion current LCU | 186.99 billion current LCU | United States of America |
| 1980s | 6.03 billion current LCU | 401.46 billion current LCU | 395.44 billion current LCU | United States of America |
| 1990s | 101.65 billion current LCU | 759.25 billion current LCU | 657.59 billion current LCU | United States of America |
| 2000s | 499.21 billion current LCU | 1.21 trillion current LCU | 714.07 billion current LCU | United States of America |
| 2010s | 1.18 trillion current LCU | 1.68 trillion current LCU | 504.82 billion current LCU | United States of America |
| 2020s | 2.23 trillion current LCU | 2.64 trillion current LCU | 411.50 billion current LCU | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Mexico or United States of America?
- United States of America, at 2.93 trillion current LCU against 2.69 trillion current LCU in Mexico as of 2024.
- What is the difference in taxes on income, profits and capital gains between Mexico and United States of America?
- 243.24 billion current LCU, with United States of America ahead.
- How many years of comparable data are there for Mexico and United States of America?
- 46 years are reported by both, from 1972 to 2024.
- How do Mexico and United States of America rank globally for taxes on income, profits and capital gains?
- Mexico ranks 23rd and United States of America ranks 22nd of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.