Taxes on income, profits and capital gains in Mexico
Mexico: Taxes on income, profits and capital gains 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 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% |
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
- 20 China 3.51 trillion current LCU compare
- 21 Russian Federation 3.17 trillion current LCU compare
- 22 United States of America 2.93 trillion current LCU compare
- 24 Türkiye 2.51 trillion current LCU compare
- 25 Madagascar 2.28 trillion current LCU compare
- 26 Myanmar 2.20 trillion current LCU compare
More public sector data for Mexico
- Arms imports 46.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 46.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 127.82 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0091 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 41.44 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 16.73 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2.06 SIPRI trend indicator values per square kilometre (2023)
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.
Download this data
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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.