Tax revenue in Mexico
Mexico: Tax revenue was 4.97 trillion current LCU in 2024. ◆ Volatile
Tax revenue in Mexico, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, tax revenue in Mexico stood at 4.97 trillion current LCU. That is the highest value across all 46 years on record.
The figure is up 9.6% on the previous year and up 167.4% over ten years.
Over the whole period, tax revenue in Mexico peaked at 4.97 trillion current LCU in 2024 and was at its lowest, 43.00 million current LCU, in 1972.
That places Mexico 28th out of 157 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 146.50 million current LCU | 43.00 million current LCU | 348.00 million current LCU | 8 |
| 1980s | 16.39 billion current LCU | 539.00 million current LCU | 66.16 billion current LCU | 10 |
| 1990s | 233.13 billion current LCU | 87.06 billion current LCU | 493.98 billion current LCU | 10 |
| 2000s | 1.02 trillion current LCU | 640.78 billion current LCU | 1.24 trillion current LCU | 3 |
| 2010s | 2.21 trillion current LCU | 1.35 trillion current LCU | 3.21 trillion current LCU | 10 |
| 2020s | 4.08 trillion current LCU | 3.35 trillion current LCU | 4.97 trillion current LCU | 5 |
Countries ranked near Mexico
- 25 Myanmar 6.78 trillion current LCU compare
- 26 Costa Rica 6.71 trillion current LCU compare
- 27 Cote d'Ivoire 6.39 trillion current LCU compare
- 29 Philippines 3.80 trillion current LCU compare
- 30 Iraq 3.71 trillion current LCU compare
- 31 Senegal 3.64 trillion current LCU compare
More public sector data for Mexico
- Arms imports 46.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.8% (2024)
- Taxes on income, profits and capital gains 41.3% (2024)
- Taxes on goods and services 31.7% (2024)
- Net investment in nonfinancial assets 0.9% (2024)
- Net lending (+) / net borrowing (-) -5.9% (2024)
- Interest payments 20.0% (2024)
- Grants and other revenue 10.6% (2024)
- Interest payments 15.8% (2023)
- Other taxes 1.1% (2024)
Frequently asked questions
- What is tax revenue in Mexico?
- Tax revenue in Mexico was 4.97 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Mexico?
- The highest recorded value was 4.97 trillion current LCU in 2024.
- What is the lowest tax revenue recorded in Mexico?
- The lowest recorded value was 43.00 million current LCU in 1972.
- How does Mexico rank for tax revenue?
- Mexico ranks 28th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Mexico?
- Over the last ten years it is up 167.4%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.