Mexico vs United States: Taxes on income, profits and capital gains (current LCU)
Taxes on income, profits and capital gains (current LCU) over time
- Mexico
- United States
How they compare
United States 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's figure about 1.1 times Mexico's.
Across all 46 years both countries report, United States has been ahead every year.
Mexico ranks 23rd and United States ranks 22nd of 153 countries.
United States has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Mexico | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 75.38 million current LCU | 187.07 billion current LCU | 186.99 billion current LCU | United States |
| 1980s | 6.03 billion current LCU | 401.46 billion current LCU | 395.44 billion current LCU | United States |
| 1990s | 101.65 billion current LCU | 759.25 billion current LCU | 657.59 billion current LCU | United States |
| 2000s | 499.21 billion current LCU | 1.21 trillion current LCU | 714.07 billion current LCU | United States |
| 2010s | 1.18 trillion current LCU | 1.68 trillion current LCU | 504.82 billion current LCU | United States |
| 2020s | 2.23 trillion current LCU | 2.64 trillion current LCU | 411.50 billion current LCU | United States |
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?
- United States, 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?
- 243.24 billion current LCU, with United States ahead.
- How many years of comparable data are there for Mexico and United States?
- 46 years are reported by both, from 1972 to 2024.
- How do Mexico and United States rank globally for taxes on income, profits and capital gains?
- Mexico ranks 23rd and United States 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.
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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.