Taxes on income, profits and capital gains (current LCU) in Mexico
Mexico: Taxes on income, profits and capital gains (current LCU) was 2.69 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
2.69 trillion current LCU
Change on year
up 7.0%
World rank
23rd
of 153 countries
All-time high
2.69 trillion current LCU
in 2024
All-time low
21.00 million current LCU
in 1972
Years of data
46
1972–2024
Taxes on income, profits and capital gains in Mexico, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on income, profits and capital gains in Mexico stood at 2.69 trillion current LCU. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 7.0% on the previous year and up 174.7% over ten years.
Over the whole period, taxes on income, profits and capital gains in Mexico peaked at 2.69 trillion current LCU in 2024 and was at its lowest, 21.00 million current LCU, in 1972.
That places Mexico 23rd out of 153 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on income, profits and capital gains (current LCU) in Mexico, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 21.00 million current LCU | — |
| 1973 | 27.00 million current LCU | +28.6% |
| 1974 | 39.00 million current LCU | +44.4% |
| 1975 | 49.00 million current LCU | +25.6% |
| 1976 | 67.00 million current LCU | +36.7% |
| 1977 | 93.00 million current LCU | +38.8% |
| 1978 | 132.00 million current LCU | +41.9% |
| 1979 | 175.00 million current LCU | +32.6% |
| 1980 | 230.00 million current LCU | +31.4% |
| 1981 | 304.00 million current LCU | +32.2% |
| 1982 | 421.00 million current LCU | +38.5% |
| 1983 | 691.00 million current LCU | +64.1% |
| 1984 | 1.21 billion current LCU | +75.5% |
| 1985 | 1.90 billion current LCU | +56.6% |
| 1986 | 3.34 billion current LCU | +76.1% |
| 1987 | 7.79 billion current LCU | +133.0% |
| 1988 | 18.45 billion current LCU | +136.7% |
| 1989 | 25.91 billion current LCU | +40.5% |
| 1990 | 34.67 billion current LCU | +33.8% |
| 1991 | 44.20 billion current LCU | +27.5% |
| 1992 | 57.95 billion current LCU | +31.1% |
| 1993 | 69.22 billion current LCU | +19.5% |
| 1994 | 74.27 billion current LCU | +7.3% |
| 1995 | 76.15 billion current LCU | +2.5% |
| 1996 | 102.22 billion current LCU | +34.2% |
| 1997 | 144.60 billion current LCU | +41.5% |
| 1998 | 181.75 billion current LCU | +25.7% |
| 1999 | 231.50 billion current LCU | +27.4% |
| 2000 | 276.55 billion current LCU | +19.5% |
| 2008 | 629.13 billion current LCU | +127.5% |
| 2009 | 591.94 billion current LCU | -5.9% |
| 2010 | 683.60 billion current LCU | +15.5% |
| 2011 | 772.70 billion current LCU | +13.0% |
| 2012 | 803.07 billion current LCU | +3.9% |
| 2013 | 957.21 billion current LCU | +19.2% |
| 2014 | 979.29 billion current LCU | +2.3% |
| 2015 | 1.23 trillion current LCU | +25.3% |
| 2016 | 1.42 trillion current LCU | +16.0% |
| 2017 | 1.57 trillion current LCU | +10.2% |
| 2018 | 1.67 trillion current LCU | +6.6% |
| 2019 | 1.69 trillion current LCU | +1.3% |
| 2020 | 1.77 trillion current LCU | +4.4% |
| 2021 | 1.90 trillion current LCU | +7.6% |
| 2022 | 2.28 trillion current LCU | +19.8% |
| 2023 | 2.51 trillion current LCU | +10.2% |
| 2024 | 2.69 trillion current LCU | +7.0% |
Mexico compared with similar countries
- Mexico's 2.69 trillion current LCU is above the median for upper middle income countries, which is 135.99 billion current LCU, 19.8× the median. (48 countries reporting)
- Mexico's 2.69 trillion current LCU is above the median for Latin America & Caribbean, which is 46.49 billion current LCU, 57.9× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 75.38 million current LCU | 21.00 million current LCU | 175.00 million current LCU | 8 |
| 1980s | 6.03 billion current LCU | 230.00 million current LCU | 25.91 billion current LCU | 10 |
| 1990s | 101.65 billion current LCU | 34.67 billion current LCU | 231.50 billion current LCU | 10 |
| 2000s | 499.21 billion current LCU | 276.55 billion current LCU | 629.13 billion current LCU | 3 |
| 2010s | 1.18 trillion current LCU | 683.60 billion current LCU | 1.69 trillion current LCU | 10 |
| 2020s | 2.23 trillion current LCU | 1.77 trillion current LCU | 2.69 trillion current LCU | 5 |
Countries ranked near Mexico
More public sector data for Mexico
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 9.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.3515 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -98.76 % change on previous year (2021)
Frequently asked questions
- What is taxes on income, profits and capital gains in Mexico?
- Taxes on income, profits and capital gains in Mexico was 2.69 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Mexico?
- The highest recorded value was 2.69 trillion current LCU in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Mexico?
- The lowest recorded value was 21.00 million current LCU in 1972.
- How does Mexico rank for taxes on income, profits and capital gains?
- Mexico ranks 23rd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Mexico?
- Over the last ten years it is up 174.7%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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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.