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Hawaii vs Alaska Budget FY2021

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Hawaii vs Alaska

Total Expenditure

Hawaii

$24.4 billion

Alaska

$11.7 billion

Hawaii is 108.6% higher
General Fund

Hawaii

$8.8 billion

Alaska

$5.6 billion

Hawaii is 57.2% higher
Total Revenue

Hawaii

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Hawaii

$8.2 billion

Alaska

$4.8 billion

Hawaii is 70.8% higher
Rainy Day Fund

Hawaii

$320 million

Alaska

$1.1 billion

Hawaii is 69.8% lower
State GDP

Hawaii

$124.6 billion

Alaska

$75.0 billion

Hawaii is 66.1% higher

Receipts & Expenditure Comparison

ParticularsHawaiiAlaskaDifference
Total Expenditure (all funds)$24.4 billion$11.7 billion+108.6%
General Fund Expenditure$8.8 billion$5.6 billion+57.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$8.2 billion$4.8 billion+70.8%
Rainy Day Fund$320 million$1.1 billion-69.8%
State GDP$124.6 billion$75.0 billion+66.1%

Hawaii per resident

$17,030

Alaska per resident

$15,875

Hawaii โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Hawaii vs Alaska

CategoryHawaiiAlaskaDifference
1. All Other
$15.9 billion
$5.7 billion
+179.8%
2. Medicaid
$2.7 billion
$2.1 billion
+30.3%
3. K-12 Education
$2.3 billion
$1.3 billion
+78.4%
4. Transportation
$1.8 billion
$1.6 billion
+15.8%
5. Higher Education
$1.3 billion
$579 million
+126.6%
6. Corrections
$291 million
$369 million
-21.1%
7. Public Assistance
$74 million
$128 million
-42.2%

Compare Another Fiscal Year

FY2025FY2024FY2023FY2022FY2021

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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