MX · AmericasSL · Africa

Mexico vs Sierra Leone: tax rates compared

Between the two, Mexico's income tax rate (35%) tops Sierra Leone's (30%) by 5pp. The 200-country average is 28%: both sit above it. Mexico's figure is dated 2025-01-01 and Sierra Leone's 2021-01-01, 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

0102030405060Income30%35%Corporate25%30%VAT15%16%Capital Gains10%25%Wealth Tax0%
five shared taxes, side by side
Tax MX SLDifference
Income Tax35%30%MX +5 pp
Corporate Tax30%25%MX +5 pp
VAT16%15%MX +1 pp
Capital Gains Tax10%25%SL +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Sierra Leone30%Source: Sierra Leone National Revenue Authority — 2022 NRA Tax Guide · as of 2021-01-01
Difference+5 ppMexico higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sierra Leone25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppMexico higher

Between the two, Mexico's corporate tax rate (30%) tops Sierra Leone's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Sierra Leone15%Source: National Revenue Authority (Sierra Leone) — A Guide to the GST Legislation · as of 2009-03-01
Difference+1 ppMexico higher

Between the two, Mexico's VAT rate (16%) tops Sierra Leone's (15%) by 1pp. The 181-country average is 15%: Mexico sits above it, Sierra Leone matches the world average. Mexico's figure is dated 2026-02-24 and Sierra Leone's 2009-03-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Mexico10%Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30
Sierra Leone25%Source: National Revenue Authority, Sierra Leone — Finance Act 2021 (Section 13, amending Income Tax Act 2000 Section 57(1)) · as of 2021-01-01
Difference−15 ppSierra Leone higher

Between the two, Sierra Leone's capital gains tax rate (25%) tops Mexico's (10%) by 15pp. The 175-country average is 10.3%: Mexico sits below it, Sierra Leone sits above it. Mexico's figure is dated 2026-01-30 and Sierra Leone's 2021-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Sierra Leone0%Source: Sierra Leone National Revenue Authority — Tax Laws & Regulations (official index) · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Mexico and Sierra Leone 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: Crypto Tax.