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Indiana vs Arizona Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Indiana vs Arizona

Total Expenditure

Indiana

$44.7 billion

Arizona

$66.8 billion

Indiana is 33.1% lower
General Fund

Indiana

$17.7 billion

Arizona

$11.7 billion

Indiana is 51.3% higher
Total Revenue

Indiana

โ€”

Arizona

โ€”

Not comparable
General Fund Revenue

Indiana

$19.7 billion

Arizona

$14.1 billion

Indiana is 39.9% higher
Rainy Day Fund

Indiana

$1.3 billion

Arizona

$975 million

Indiana is 33.5% higher
State GDP

Indiana

$545.2 billion

Arizona

$598.2 billion

Indiana is 8.9% lower

Receipts & Expenditure Comparison

ParticularsIndianaArizonaDifference
Total Expenditure (all funds)$44.7 billion$66.8 billion-33.1%
General Fund Expenditure$17.7 billion$11.7 billion+51.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$19.7 billion$14.1 billion+39.9%
Rainy Day Fund$1.3 billion$975 million+33.5%
State GDP$545.2 billion$598.2 billion-8.9%

Indiana per resident

$6,408

Arizona per resident

$8,765

Indiana โ€” Spending Composition

Arizona โ€” Spending Composition

Category-wise Allocation โ€” Indiana vs Arizona

CategoryIndianaArizonaDifference
1. All Other
$12.4 billion
$31.8 billion
-60.9%
2. Medicaid
$15.6 billion
$16.0 billion
-2.7%
3. K-12 Education
$10.7 billion
$7.3 billion
+47.1%
4. Higher Education
$2.0 billion
$7.4 billion
-72.6%
5. Transportation
$3.0 billion
$3.0 billion
+0.3%
6. Corrections
$849 million
$1.4 billion
-37.3%
7. Public Assistance
$135 million
$20 million
+575.0%

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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