Armenia vs Mexico: Taxes on income, profits and capital gains
Armenia
39.6%
in 2024
Mexico
41.3%
in 2024
Armenia rank
14th
Mexico rank
12th
Taxes on income, profits and capital gains over time
- Armenia
- Mexico
How they compare
Mexico currently reports 41.3% against 39.6% in Armenia, a difference of 1.7%.
The two have swapped places 2 times across 17 shared years of data; in 2008 it was Mexico ahead.
Armenia ranks 14th and Mexico ranks 12th of 153 countries.
Mexico has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.2% | 26.1% | 7.8% | Mexico |
| 2010s | 31.9% | 32.5% | 0.6% | Mexico |
| 2020s | 36.8% | 40.2% | 3.4% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Armenia or Mexico?
- Mexico, at 41.3% against 39.6% in Armenia as of 2024.
- What is the difference in taxes on income, profits and capital gains between Armenia and Mexico?
- 1.7%, with Mexico ahead.
- How many years of comparable data are there for Armenia and Mexico?
- 17 years are reported by both, from 2008 to 2024.
- How do Armenia and Mexico rank globally for taxes on income, profits and capital gains?
- Armenia ranks 14th and Mexico ranks 12th 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.