Luxembourg vs Mexico: Taxes on income, profits and capital gains
Luxembourg
55.4%
in 2024
Mexico
54.2%
in 2024
Luxembourg rank
23rd
Mexico rank
25th
Taxes on income, profits and capital gains over time
- Luxembourg
- Mexico
How they compare
Luxembourg currently reports 55.4% against 54.2% in Mexico, a difference of 1.2%.
The two have swapped places 6 times across 46 shared years of data; in 1972 it was Luxembourg ahead.
Luxembourg ranks 23rd and Mexico ranks 25th of 153 countries.
Across the 6 decades both report, Luxembourg averaged higher in 3 and Mexico in 3.
Head to head by decade
| Decade | Luxembourg | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 61.5% | 51.8% | 9.7% | Luxembourg |
| 1980s | 56.5% | 35.6% | 20.9% | Luxembourg |
| 1990s | 48.7% | 43.3% | 5.4% | Luxembourg |
| 2000s | 46.6% | 48.1% | 1.5% | Mexico |
| 2010s | 49.0% | 53.1% | 4.1% | Mexico |
| 2020s | 52.1% | 54.7% | 2.5% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Luxembourg or Mexico?
- Luxembourg, at 55.4% against 54.2% in Mexico as of 2024.
- What is the difference in taxes on income, profits and capital gains between Luxembourg and Mexico?
- 1.2%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Mexico?
- 46 years are reported by both, from 1972 to 2024.
- How do Luxembourg and Mexico rank globally for taxes on income, profits and capital gains?
- Luxembourg ranks 23rd and Mexico ranks 25th 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 total taxes). 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.