MX · Americas ↔ SK · Europe

Mexico vs Slovakia: tax rates compared

Mexico's income tax rate is 10pp higher than Slovakia's (35% vs 25%). 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%MX 35%SK 25%
Income Tax, side by side
CountryRateSource
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+10 ppMexico higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%MX 30%SK 24%
Corporate Tax, side by side
CountryRateSource
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+6 ppMexico higher

Mexico's corporate tax rate is 6pp higher than Slovakia's (30% vs 24%). The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%MX 16%SK 23%
VAT, side by side
CountryRateSource
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference−7 ppSlovakia higher

Slovakia's VAT rate is 7pp higher than Mexico's (23% vs 16%). The 37-country average is 19.5%: Mexico sits below it, Slovakia sits above it. Mexico's figure is dated 2026-02-24 and Slovakia's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%MX 0%SK 0%
Wealth Tax, side by side
CountryRateSource
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20
Difference0 ppdisplayed rates match

Mexico's wealth tax rate is identical to Slovakia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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