MX · Americas ↔ SE · Europe

Mexico vs Sweden: tax rates compared

Sweden's income tax rate is 17.4pp higher than Mexico's (52.4% vs 35%). The 37-country average is 43.2%: Mexico sits below it, Sweden sits above 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%SE 52.4%
Income Tax, side by side
CountryRateSource
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Sweden52.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−17.4 ppSweden higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%MX 30%SE 20.6%
Corporate Tax, side by side
CountryRateSource
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sweden20.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+9.4 ppMexico higher

Mexico's corporate tax rate is 9.4pp higher than Sweden's (30% vs 20.6%). The 201-country average is 22.6%: Mexico sits above it, Sweden sits below it.

VAT

0102030405060World avg 19.5%MX 16%SE 25%
VAT, side by side
CountryRateSource
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Sweden25%Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17
Difference−9 ppSweden higher

Sweden's VAT rate is 9pp higher than Mexico's (25% vs 16%). The 37-country average is 19.5%: Mexico sits below it, Sweden sits above it. Mexico's figure is dated 2026-02-24 and Sweden's 2025-12-17, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%MX 0%SE 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
Sweden0%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

Mexico's wealth tax rate is identical to Sweden'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.