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Hungary vs Mexico: tax rates compared

Mexico's income tax rate is 20pp higher than Hungary's (35% vs 15%). The 37-country average is 43.2%: both sit below it.

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

Income Tax

0102030405060World avg 43.2%HU 15%MX 35%
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

0102030405060World avg 22.6%HU 9%MX 30%
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 higherlargest gap on this page

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

0102030405060World avg 19.5%HU 27%MX 16%
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 37-country average is 19.5%: Hungary sits above it, Mexico sits 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.

Wealth Tax

0102030405060World avg 0.1%HU 0%MX 0%
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: Capital Gains Tax, Crypto Tax.