Mexico vs Nicaragua: Taxes on income, profits and capital gains
Mexico
41.3%
in 2024
Nicaragua
41.3%
in 2024
Mexico rank
12th
Nicaragua rank
11th
Taxes on income, profits and capital gains over time
- Mexico
- Nicaragua
How they compare
Nicaragua currently reports 41.3% against 41.3% in Mexico, a difference of 0.0%.
The two have swapped places 9 times across 28 shared years of data; in 1990 it was Mexico ahead.
Mexico ranks 12th and Nicaragua ranks 11th of 153 countries.
Across the 4 decades both report, Mexico averaged higher in 2 and Nicaragua in 2.
Head to head by decade
| Decade | Mexico | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 32.5% | 11.2% | 21.2% | Mexico |
| 2000s | 28.8% | 22.5% | 6.3% | Mexico |
| 2010s | 32.5% | 33.6% | 1.1% | Nicaragua |
| 2020s | 40.2% | 40.6% | 0.4% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Mexico or Nicaragua?
- Nicaragua, at 41.3% against 41.3% in Mexico as of 2024.
- What is the difference in taxes on income, profits and capital gains between Mexico and Nicaragua?
- 0.0%, with Nicaragua ahead.
- How many years of comparable data are there for Mexico and Nicaragua?
- 28 years are reported by both, from 1990 to 2024.
- How do Mexico and Nicaragua rank globally for taxes on income, profits and capital gains?
- Mexico ranks 12th and Nicaragua ranks 11th 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.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.