Mexico - Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Mexico was 37.35 as of 2019. Its highest value over the past 47 years was 41.05 in 1974, while its lowest value was 23.36 in 1983.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 36.21
1973 39.71
1974 41.05
1975 36.57
1976 39.41
1977 38.59
1978 40.99
1979 39.86
1980 34.18
1981 34.78
1982 27.95
1983 23.36
1984 26.11
1985 26.06
1986 28.66
1987 25.08
1988 30.34
1989 29.83
1990 30.61
1991 31.28
1992 33.40
1993 36.97
1994 34.98
1995 27.09
1996 26.59
1997 30.92
1998 36.28
1999 36.51
2000 34.12
2008 24.67
2009 27.49
2010 28.28
2011 27.85
2012 27.08
2013 31.27
2014 30.51
2015 34.72
2016 35.71
2017 35.76
2018 37.70
2019 37.35

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance