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United States vs Hawaii Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” United States vs Hawaii

Total Expenditure

United States

$6.75 trillion

Hawaii

$20.2 billion

United States is 33391.4% higher
General Fund

United States

โ€”

Hawaii

$10.7 billion

Not comparable
Total Revenue

United States

$4.92 trillion

Hawaii

โ€”

Not comparable
General Fund Revenue

United States

โ€”

Hawaii

$10.6 billion

Not comparable
Rainy Day Fund

United States

โ€”

Hawaii

$1.5 billion

Not comparable
State GDP

United States

$28.95 trillion

Hawaii

$124.6 billion

United States is 23130.8% higher

Receipts & Expenditure Comparison

ParticularsUnited StatesHawaiiDifference
Total Expenditure (all funds)$6.75 trillion$20.2 billion+33391.4%
General Fund Expenditureโ€”$10.7 billionโ€”
Total Revenue$4.92 trillionโ€”โ€”
General Fund Revenueโ€”$10.6 billionโ€”
Rainy Day Fundโ€”$1.5 billionโ€”
State GDP$28.95 trillion$124.6 billion+23130.8%
Deficit (% of GDP)6.33%โ€”%โ€”
Debt-to-GDP Ratio97.40%โ€”%โ€”

United States โ€” Spending Composition

Hawaii โ€” Spending Composition

Category-wise Allocation โ€” United States vs Hawaii

CategoryUnited StatesHawaiiDifference
1. Social Security
$1.45 trillion
$0 million
โ€”
2. All Other
$1.34 trillion
$10.8 billion
+12333.6%
3. Medicare
$1.04 trillion
$0 million
โ€”
4. Net Interest
$879.9 billion
$0 million
โ€”
5. National Defense
$850.7 billion
$0 million
โ€”
6. Medicaid
$617.5 billion
$3.2 billion
+19185.4%
7. Income Security
$370.2 billion
$0 million
โ€”
8. Veterans Benefits
$191.8 billion
$0 million
โ€”
9. K-12 Education
$0 million
$3.1 billion
-100.0%
10. Transportation
$0 million
$1.9 billion
-100.0%
11. Higher Education
$0 million
$816 million
-100.0%
12. Corrections
$0 million
$402 million
-100.0%

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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