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Namibia vs Mexico
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇳🇦 Namibia
vs
🇲🇽 Mexico
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–37%
37% top; oil revenues expected from 2026+
No change
1.92–35%
Rates stable; fiscal consolidation needed
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% stable
No change
0–16%
Standard 16% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
32%
32%; petroleum fiscal regime evolving for new fields
No change
30%
30% maintained; Pillar Two discussions
No change

Capital Gains Tax

Capital Gains Tax
0%
CGT reform discussions ongoing
No change
35%
No change
No change

Social Security & Payroll

Social Security / Payroll
~9%
SSC; pension fund development
No change
~35%
Nearshoring investment affecting payroll dynamics
No change
State, Regional & Local Taxes

🇳🇦 NamibiaRegional Councils & Local Authorities

Namibia's 14 regional councils and local authority councils levy property rates, business licences, and local fees. The Namibia Revenue Agency (NamRA) administers national taxes. Namibia is a significant mining economy — diamonds (Namdeb/De Beers), uranium (one of world's largest producers), copper. A major TotalEnergies Orange Basin offshore oil discovery is advancing toward production. Non-resident shareholders' tax (NRST) at 10%–20% applies on dividends. Namibia has one of Africa's more functional tax administrations.

🇲🇽 MexicoState & Municipal Taxes

Mexico's 31 states and Mexico City each have their own regimes. States charge local payroll tax (Impuesto Sobre Nómina) at 1%–4% (employer-paid). Municipal property tax (predial) rates vary significantly. Some states have lodging and entertainment levies. The Maquila sector benefits from special IMMEX programs. Nearshoring boom is driving new investment.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Namibia vs Mexico: Key Tax Differences (2026)

💰 Income Tax: 🇳🇦 Namibia has a higher top income tax rate (0–37% vs 1.92–35%). 🇲🇽 Mexico is more favourable for high earners.

🛒 VAT/Sales Tax: Mexico has a higher consumption tax (15% vs 0–16%).

🏢 Corporate Tax: 🇲🇽 Mexico offers a lower corporate rate (30% vs 32%), which can influence business location decisions.

📈 Capital Gains: 🇳🇦 Namibia taxes investment gains at a lower rate (0% vs 35%), benefiting investors.

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All 🇳🇦 Namibia comparisons →All 🇲🇽 Mexico comparisons →