LT · Europe ↔ MX · Americas

Lithuania vs Mexico: tax rates compared

Mexico has an income tax rate of 35%, 3pp above Lithuania's 32%. 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%LT 32%MX 35%
Income Tax, side by side
CountryRateSource
Lithuania32%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−3 ppMexico higher

Corporate Tax

0102030405060World avg 22.6%LT 16%MX 30%
Corporate Tax, side by side
CountryRateSource
Lithuania16%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−14 ppMexico higherlargest gap on this page

Mexico has a corporate tax rate of 30%, 14pp above Lithuania's 16%. The 201-country average is 22.6%: Lithuania sits below it, Mexico sits above it.

VAT

0102030405060World avg 19.5%LT 21%MX 16%
VAT, side by side
CountryRateSource
Lithuania21%Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Difference+5 ppLithuania higher

Lithuania has a VAT rate of 21%, 5pp above Mexico's 16%. The 37-country average is 19.5%: Lithuania sits above it, Mexico sits below it.

Wealth Tax

0102030405060World avg 0.1%LT 0%MX 0%
Wealth Tax, side by side
CountryRateSource
Lithuania0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

Lithuania and Mexico share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.