Hawaii vs Arkansas Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics — Hawaii vs Arkansas

Total Expenditure

Hawaii

$20.2 billion

Arkansas

$33.5 billion

Hawaii is 39.9% lower

General Fund

Hawaii

$10.7 billion

Arkansas

$6.1 billion

Hawaii is 76.5% higher

Total Revenue

Hawaii

—

Arkansas

—

Not comparable

General Fund Revenue

Hawaii

$10.6 billion

Arkansas

$6.9 billion

Hawaii is 54.1% higher

Rainy Day Fund

Hawaii

$1.5 billion

Arkansas

$1.8 billion

Hawaii is 16.5% lower

State GDP

Hawaii

$124.6 billion

Arkansas

$198.4 billion

Hawaii is 37.2% lower

Receipts & Expenditure Comparison

Particulars	Hawaii	Arkansas	Difference
Total Expenditure (all funds)	$20.2 billion	$33.5 billion	-39.9%
General Fund Expenditure	$10.7 billion	$6.1 billion	+76.5%
Total Revenue	—	—	—
General Fund Revenue	$10.6 billion	$6.9 billion	+54.1%
Rainy Day Fund	$1.5 billion	$1.8 billion	-16.5%
State GDP	$124.6 billion	$198.4 billion	-37.2%

Hawaii per resident

$14,068

Arkansas per resident

$10,760

Hawaii — Spending Composition

Arkansas — Spending Composition

Category-wise Allocation — Hawaii vs Arkansas

Category	Hawaii	Arkansas	Difference
1. All Other	$10.8 billion	$12.3 billion	-12.2%
2. Medicaid	$3.2 billion	$9.0 billion	-64.5%
3. K-12 Education	$3.1 billion	$4.8 billion	-36.4%
4. Higher Education	$816 million	$4.7 billion	-82.6%
5. Transportation	$1.9 billion	$2.2 billion	-14.7%
6. Corrections	$402 million	$501 million	-19.8%

Compare Another Fiscal Year

FY2025 FY2024 FY2023 FY2022 FY2021

Understanding This Comparison

State budgets are compared on an all-funds basis — 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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