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South Carolina vs Alaska Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” South Carolina vs Alaska

Total Expenditure

South Carolina

$41.8 billion

Alaska

$15.8 billion

South Carolina is 164.0% higher
General Fund

South Carolina

$14.2 billion

Alaska

$6.4 billion

South Carolina is 120.7% higher
Total Revenue

South Carolina

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

South Carolina

$14.9 billion

Alaska

$6.3 billion

South Carolina is 134.3% higher
Rainy Day Fund

South Carolina

$1.4 billion

Alaska

$3.0 billion

South Carolina is 51.3% lower
State GDP

South Carolina

$350.0 billion

Alaska

$75.0 billion

South Carolina is 366.5% higher

Receipts & Expenditure Comparison

ParticularsSouth CarolinaAlaskaDifference
Total Expenditure (all funds)$41.8 billion$15.8 billion+164.0%
General Fund Expenditure$14.2 billion$6.4 billion+120.7%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$14.9 billion$6.3 billion+134.3%
Rainy Day Fund$1.4 billion$3.0 billion-51.3%
State GDP$350.0 billion$75.0 billion+366.5%

South Carolina per resident

$7,500

Alaska per resident

$21,471

South Carolina โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” South Carolina vs Alaska

CategorySouth CarolinaAlaskaDifference
1. Medicaid
$11.0 billion
$3.1 billion
+259.0%
2. All Other
$10.2 billion
$7.2 billion
+42.4%
3. Higher Education
$8.1 billion
$1.0 billion
+708.4%
4. K-12 Education
$7.9 billion
$1.9 billion
+314.5%
5. Transportation
$3.6 billion
$2.2 billion
+68.3%
6. Corrections
$970 million
$530 million
+83.0%

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.

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