Mexican Economic Development (FMX) Tax Rate (2009 - 2025)

Mexican Economic Development (FMX) has 16 years of Tax Rate data on file, last reported at 32.81% in Q1 2025.

• On a quarterly basis, Tax Rate rose 272.0% year-over-year to 32.81% in Q1 2025; TTM through Mar 2025 was 186.43%, a 13331.0% increase from a year earlier, with the FY2022 full-year figure at 34.5%, down 18.0% from the prior year.
• Tax Rate for Q1 2025 stood at 32.81%, up from 30.08% in the prior quarter.
• Over the last five years, Tax Rate for FMX reached as high as 38.21% in Q2 2021 and fell as low as 29.53% in Q1 2022.
• Historically, Tax Rate has averaged 32.88% across 4 years, with a median of 32.81% in 2025.
• Across the five-year window, Tax Rate sank 26480 bps in 2021 and jumped 272 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 31.91% in 2021, then fell by 7 bps to 29.53% in 2022, then rose by 2 bps to 30.08% in 2024, then increased by 9 bps to 32.81% in 2025.
• Per Business Quant data, the three most recent Tax Rate figures were 32.81% in Q1 2025, 30.08% in Q1 2024, and 29.53% in Q1 2022.