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Arkansas vs Alaska Budget FY2022

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Arkansas vs Alaska

Total Expenditure

Arkansas

$32.0 billion

Alaska

$15.0 billion

Arkansas is 114.2% higher
General Fund

Arkansas

$5.8 billion

Alaska

$6.4 billion

Arkansas is 8.8% lower
Total Revenue

Arkansas

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Arkansas

$7.5 billion

Alaska

$7.0 billion

Arkansas is 6.8% higher
Rainy Day Fund

Arkansas

$1.2 billion

Alaska

$2.6 billion

Arkansas is 53.8% lower
State GDP

Arkansas

$198.4 billion

Alaska

$75.0 billion

Arkansas is 164.5% higher

Receipts & Expenditure Comparison

ParticularsArkansasAlaskaDifference
Total Expenditure (all funds)$32.0 billion$15.0 billion+114.2%
General Fund Expenditure$5.8 billion$6.4 billion-8.8%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$7.5 billion$7.0 billion+6.8%
Rainy Day Fund$1.2 billion$2.6 billion-53.8%
State GDP$198.4 billion$75.0 billion+164.5%

Arkansas per resident

$10,284

Alaska per resident

$20,293

Arkansas โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Arkansas vs Alaska

CategoryArkansasAlaskaDifference
1. All Other
$10.5 billion
$6.5 billion
+60.9%
2. Medicaid
$8.8 billion
$2.5 billion
+256.1%
3. Higher Education
$4.6 billion
$983 million
+369.5%
4. K-12 Education
$4.5 billion
$1.9 billion
+140.0%
5. Transportation
$2.0 billion
$2.5 billion
-20.6%
6. Public Assistance
$1.1 billion
$115 million
+886.1%
7. Corrections
$467 million
$474 million
-1.5%

Compare Another Fiscal Year

FY2026FY2025FY2024FY2023FY2022FY2021

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.

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