GQ · AfricaMX · Americas
Equatorial Guinea vs Mexico: tax rates compared
Mexico's income tax rate is 10pp higher than Equatorial Guinea's (35% vs 25%). The 200-country average is 28%: Equatorial Guinea sits below it, Mexico sits above it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GQ | MX | Difference |
|---|---|---|---|
| Income Tax | 25% | 35% | MX +10 pplargest gap |
| Corporate Tax | 25% | 30% | MX +5 pp |
| VAT | 15% | 16% | MX +1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 25% | Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21 |
| Mexico | 35% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −10 pp | Mexico higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Mexico | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Mexico higher |
Mexico's corporate tax rate is 5pp higher than Equatorial Guinea's (30% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 15% | Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21 |
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| Difference | −1 pp | Mexico higher |
Mexico's VAT rate is 1pp higher than Equatorial Guinea's (16% vs 15%). The 181-country average is 15%: Equatorial Guinea matches the world average, Mexico sits above it. Equatorial Guinea's figure is dated 2025-11-21 and Mexico's 2026-02-24, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-21 |
| Mexico | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24 |
| Difference | 0 pp | displayed rates match |
Equatorial Guinea's wealth tax rate is identical to Mexico's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Equatorial Guinea's figure is dated 2025-11-21 and Mexico's 2026-02-24, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.