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Fiscal Policy

Taxation of Real Property in Mexico

2018 Revenue from Impuesto Predial

Real property is very lightly and disparately taxed in Mexico.

Across the US, state and local governments collected a total of 526 billion USD in property taxes during 2017. This amount comes out to be 1,618 USD/capita and 2.7% relative to GDP.

In Mexico, property tax (impuesto predial) collected in 2018 totaled 49 billion MXN (~2.6 billion USD). The figure is equivalent to 394 MXN/capita (~21 USD/capita) and 0.2% relative to GDP.