JM · Americas ↔ MX · Americas

Jamaica vs Mexico: tax rates compared

Mexico has a corporate tax rate of 30%, 5pp above Jamaica's 25%. The 201-country average is 22.6%: both sit above it.

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

Corporate Tax

0102030405060World avg 22.6%JM 25%MX 30%
Corporate Tax, side by side
CountryRateSource
Jamaica25%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−5 ppMexico higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%JM 0%MX 0%
Wealth Tax, side by side
CountryRateSource
Jamaica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · 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

Jamaica and Mexico share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Jamaica'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: Income Tax, VAT, Capital Gains Tax, Crypto Tax.