MX · AmericasSA · Asia
Mexico vs Saudi Arabia: tax rates compared
Mexico has an income tax rate of 35%, 35pp above Saudi Arabia's 0%. The 200-country average is 28%: Mexico sits above it, Saudi Arabia sits below it. Mexico's figure is dated 2025-01-01 and Saudi Arabia's 2026-01-14, so the two rates come from different data vintages.
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
| Tax | MX | SA | Difference |
|---|---|---|---|
| Income Tax | 35% | 0% | MX +35 pplargest gap |
| Corporate Tax | 30% | 20% | MX +10 pp |
| VAT | 16% | 15% | MX +1 pp |
| Capital Gains Tax | 10% | 0% | MX +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 35% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Taxes on personal income) · as of 2026-01-14 |
| Difference | +35 pp | Mexico higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Saudi Arabia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Mexico higher |
Mexico has a corporate tax rate of 30%, 10pp above Saudi Arabia's 20%. The 201-country average is 22.6%: Mexico sits above it, Saudi Arabia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| Saudi Arabia | 15% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Corporate, Other taxes) · as of 2020-07-01 |
| Difference | +1 pp | Mexico higher |
Mexico has a VAT rate of 16%, 1pp above Saudi Arabia's 15%. The 181-country average is 15%: Mexico sits above it, Saudi Arabia matches the world average. Mexico's figure is dated 2026-02-24 and Saudi Arabia's 2020-07-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 10% | Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30 |
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Income determination) · as of 2026-01-14 |
| Difference | +10 pp | Mexico higher |
Mexico has a capital gains tax rate of 10%, 10pp above Saudi Arabia's 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24 |
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Other taxes) · as of 2026-01-14 |
| Difference | 0 pp | displayed rates match |
Mexico and Saudi Arabia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.