The Personal Income Tax Rate in Mexico stands at 35 percent. Personal Income Tax Rate in Mexico averaged 32.32 percent from 2004 until 2025, reaching an all time high of 35.00 percent in 2015 and a record low of 28.00 percent in 2007. source: Servicio de Administración Tributaria, SHCP

Personal Income Tax Rate in Mexico is expected to reach 35.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Personal Income Tax Rate is projected to trend around 35.00 percent in 2026, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 30.00 30.00 percent Dec 2025
Personal Income Tax Rate 35.00 35.00 percent Dec 2025
Sales Tax Rate 16.00 16.00 percent Dec 2025
Social Security Rate 9.18 9.23 percent Dec 2024
Social Security Rate For Companies 7.53 7.58 percent Dec 2024
Social Security Rate For Employees 1.65 1.65 percent Dec 2024
Withholding Tax Rate 35.00 35.00 percent Dec 2024

Mexico Personal Income Tax Rate
In Mexico, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Mexico.
Actual Previous Highest Lowest Dates Unit Frequency
35.00 35.00 35.00 28.00 2004 - 2025 percent Yearly