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New Hampshire vs Alaska Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” New Hampshire vs Alaska

Total Expenditure

New Hampshire

$7.5 billion

Alaska

$11.7 billion

New Hampshire is 35.6% lower
General Fund

New Hampshire

$1.6 billion

Alaska

$5.6 billion

New Hampshire is 71.2% lower
Total Revenue

New Hampshire

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

New Hampshire

$1.8 billion

Alaska

$4.8 billion

New Hampshire is 61.4% lower
Rainy Day Fund

New Hampshire

$258 million

Alaska

$1.1 billion

New Hampshire is 75.7% lower
State GDP

New Hampshire

$125.5 billion

Alaska

$75.0 billion

New Hampshire is 67.3% higher

Receipts & Expenditure Comparison

ParticularsNew HampshireAlaskaDifference
Total Expenditure (all funds)$7.5 billion$11.7 billion-35.6%
General Fund Expenditure$1.6 billion$5.6 billion-71.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$1.8 billion$4.8 billion-61.4%
Rainy Day Fund$258 million$1.1 billion-75.7%
State GDP$125.5 billion$75.0 billion+67.3%

New Hampshire per resident

$5,325

Alaska per resident

$15,875

New Hampshire โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” New Hampshire vs Alaska

CategoryNew HampshireAlaskaDifference
1. All Other
$2.9 billion
$5.7 billion
-49.7%
2. Medicaid
$2.4 billion
$2.1 billion
+16.0%
3. Transportation
$526 million
$1.6 billion
-66.2%
4. K-12 Education
$1.4 billion
$1.3 billion
+4.0%
5. Higher Education
$149 million
$579 million
-74.3%
6. Corrections
$139 million
$369 million
-62.3%
7. Public Assistance
$83 million
$128 million
-35.2%

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.

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