HU · EuropeMX · Americas

Hungary vs Mexico: tax rates compared

Mexico's income tax rate is 20pp higher than Hungary's (35% vs 15%). The 200-country average is 28%: Hungary sits below it, Mexico sits above it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income15%35%Corporate9%30%VAT16%27%Capital Gains10%15%Wealth Tax0%
five shared taxes, side by side
Tax HU MXDifference
Income Tax15%35%MX +20 pp
Corporate Tax9%30%MX +21 pplargest gap
VAT27%16%HU +11 pp
Capital Gains Tax15%10%HU +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Hungary15%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−20 ppMexico higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hungary9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−21 ppMexico higher

Mexico's corporate tax rate is 21pp higher than Hungary's (30% vs 9%). The 201-country average is 22.6%: Hungary sits below it, Mexico sits above it.

VAT

VAT, side by side
CountryRateSource
Hungary27%Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Difference+11 ppHungary higher

Hungary's VAT rate is 11pp higher than Mexico's (27% vs 16%). The 181-country average is 15%: both sit above it. Hungary's figure is dated 2025-12-31 and Mexico's 2026-02-24, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Hungary15%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31
Mexico10%Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30
Difference+5 ppHungary higher

Hungary's capital gains tax rate is 5pp higher than Mexico's (15% vs 10%). The 175-country average is 10.3%: Hungary sits above it, Mexico sits below it. Hungary's figure is dated 2025-12-31 and Mexico's 2026-01-30, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Hungary0%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

Hungary's wealth tax rate is identical to Mexico's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Hungary's figure is dated 2025-12-31 and Mexico's 2026-02-24, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.