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Alabama vs Alaska Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Alabama vs Alaska

Total Expenditure

Alabama

$40.6 billion

Alaska

$14.9 billion

Alabama is 171.3% higher
General Fund

Alabama

$13.8 billion

Alaska

$7.8 billion

Alabama is 77.6% higher
Total Revenue

Alabama

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Alabama

$13.7 billion

Alaska

$7.0 billion

Alabama is 93.9% higher
Rainy Day Fund

Alabama

$2.0 billion

Alaska

$2.8 billion

Alabama is 28.2% lower
State GDP

Alabama

$321.2 billion

Alaska

$75.0 billion

Alabama is 328.2% higher

Receipts & Expenditure Comparison

ParticularsAlabamaAlaskaDifference
Total Expenditure (all funds)$40.6 billion$14.9 billion+171.3%
General Fund Expenditure$13.8 billion$7.8 billion+77.6%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$13.7 billion$7.0 billion+93.9%
Rainy Day Fund$2.0 billion$2.8 billion-28.2%
State GDP$321.2 billion$75.0 billion+328.2%

Alabama per resident

$7,809

Alaska per resident

$20,281

Alabama โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Alabama vs Alaska

CategoryAlabamaAlaskaDifference
1. K-12 Education
$11.2 billion
$2.0 billion
+467.6%
2. All Other
$9.4 billion
$7.0 billion
+33.5%
3. Medicaid
$9.1 billion
$2.7 billion
+235.8%
4. Higher Education
$8.1 billion
$853 million
+853.8%
5. Transportation
$1.9 billion
$1.9 billion
-2.8%
6. Corrections
$881 million
$484 million
+82.0%

Compare Another Fiscal Year

Understanding This Comparison

State budgets are compared on an all-funds basis โ€” the total across the general fund, federal grants, and dedicated state funds. This is the fairer measure, because states differ widely in how much they route outside the general fund. The general fund row shows the discretionary portion that state legislatures actually debate.

Fiscal years differ between states: most run July to June, Alabama and Michigan run October to September, and New York runs April to March. Figures labelled with the same fiscal year therefore cover slightly different periods.

Definitions for every term used here are in the US budget glossary. To compare across countries, see India budget comparisons.

Explore more budget data

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