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New Hampshire vs Alaska Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” New Hampshire vs Alaska

Total Expenditure

New Hampshire

$7.8 billion

Alaska

$15.0 billion

New Hampshire is 47.7% lower
General Fund

New Hampshire

$1.6 billion

Alaska

$6.4 billion

New Hampshire is 74.7% lower
Total Revenue

New Hampshire

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

New Hampshire

$2.0 billion

Alaska

$7.0 billion

New Hampshire is 71.5% lower
Rainy Day Fund

New Hampshire

$160 million

Alaska

$2.6 billion

New Hampshire is 93.9% 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)$7.8 billion$15.0 billion-47.7%
General Fund Expenditure$1.6 billion$6.4 billion-74.7%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$2.0 billion$7.0 billion-71.5%
Rainy Day Fund$160 million$2.6 billion-93.9%
State GDP$125.5 billion$75.0 billion+67.3%

New Hampshire per resident

$5,528

Alaska per resident

$20,293

New Hampshire โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” New Hampshire vs Alaska

CategoryNew HampshireAlaskaDifference
1. All Other
$2.7 billion
$6.5 billion
-58.7%
2. Medicaid
$2.6 billion
$2.5 billion
+6.2%
3. Transportation
$622 million
$2.5 billion
-75.3%
4. K-12 Education
$1.5 billion
$1.9 billion
-20.6%
5. Higher Education
$164 million
$983 million
-83.3%
6. Corrections
$147 million
$474 million
-69.0%
7. Public Assistance
$76 million
$115 million
-33.9%

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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