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New Hampshire vs Arkansas Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” New Hampshire vs Arkansas

Total Expenditure

New Hampshire

$8.5 billion

Arkansas

$33.5 billion

New Hampshire is 74.5% lower
General Fund

New Hampshire

$2.0 billion

Arkansas

$6.1 billion

New Hampshire is 67.4% lower
Total Revenue

New Hampshire

โ€”

Arkansas

โ€”

Not comparable
General Fund Revenue

New Hampshire

$2.1 billion

Arkansas

$6.9 billion

New Hampshire is 69.8% lower
Rainy Day Fund

New Hampshire

$293 million

Arkansas

$1.8 billion

New Hampshire is 83.9% lower
State GDP

New Hampshire

$125.5 billion

Arkansas

$198.4 billion

New Hampshire is 36.7% lower

Receipts & Expenditure Comparison

ParticularsNew HampshireArkansasDifference
Total Expenditure (all funds)$8.5 billion$33.5 billion-74.5%
General Fund Expenditure$2.0 billion$6.1 billion-67.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$2.1 billion$6.9 billion-69.8%
Rainy Day Fund$293 million$1.8 billion-83.9%
State GDP$125.5 billion$198.4 billion-36.7%

New Hampshire per resident

$6,040

Arkansas per resident

$10,760

New Hampshire โ€” Spending Composition

Arkansas โ€” Spending Composition

Category-wise Allocation โ€” New Hampshire vs Arkansas

CategoryNew HampshireArkansasDifference
1. All Other
$3.2 billion
$12.3 billion
-73.8%
2. Medicaid
$2.5 billion
$9.0 billion
-72.1%
3. K-12 Education
$1.7 billion
$4.8 billion
-65.6%
4. Higher Education
$194 million
$4.7 billion
-95.9%
5. Transportation
$763 million
$2.2 billion
-65.0%
6. Corrections
$189 million
$501 million
-62.3%

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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