MH · OceaniaMX · Americas

Marshall Islands vs Mexico: tax rates compared

Between the two, Mexico's income tax rate (35%) tops Marshall Islands's (12%) by 23pp. The 200-country average is 28%: Marshall Islands sits below it, Mexico sits above it. Marshall Islands's figure is dated 2018-05-21 and Mexico's 2025-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income12%35%Wealth Tax0%
two shared taxes, side by side
Tax MH MXDifference
Income Tax12%35%MX +23 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Marshall Islands12%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989, Section 103 (Tax on Wages and Salaries) · as of 2018-05-21
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−23 ppMexico higher

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Marshall Islands0%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989 · as of 2026-07-18
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

There's no gap here — Marshall Islands and Mexico both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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