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United States vs New Hampshire Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” United States vs New Hampshire

Total Expenditure

United States

$6.82 trillion

New Hampshire

$7.5 billion

United States is 90443.6% higher
General Fund

United States

โ€”

New Hampshire

$1.6 billion

Not comparable
Total Revenue

United States

$4.05 trillion

New Hampshire

โ€”

Not comparable
General Fund Revenue

United States

โ€”

New Hampshire

$1.8 billion

Not comparable
Rainy Day Fund

United States

โ€”

New Hampshire

$258 million

Not comparable
State GDP

United States

$23.04 trillion

New Hampshire

$125.5 billion

United States is 18258.4% higher

Receipts & Expenditure Comparison

ParticularsUnited StatesNew HampshireDifference
Total Expenditure (all funds)$6.82 trillion$7.5 billion+90443.6%
General Fund Expenditureโ€”$1.6 billionโ€”
Total Revenue$4.05 trillionโ€”โ€”
General Fund Revenueโ€”$1.8 billionโ€”
Rainy Day Fundโ€”$258 millionโ€”
State GDP$23.04 trillion$125.5 billion+18258.4%
Deficit (% of GDP)12.04%โ€”%โ€”
Debt-to-GDP Ratio96.70%โ€”%โ€”

United States โ€” Spending Composition

New Hampshire โ€” Spending Composition

Category-wise Allocation โ€” United States vs New Hampshire

CategoryUnited StatesNew HampshireDifference
1. All Other
$1.71 trillion
$2.9 billion
+59840.6%
2. Income Security
$1.38 trillion
$0 million
โ€”
3. Social Security
$1.13 trillion
$0 million
โ€”
4. Medicare
$867.7 billion
$0 million
โ€”
5. National Defense
$741.6 billion
$0 million
โ€”
6. Medicaid
$520.6 billion
$2.4 billion
+21420.8%
7. Net Interest
$352.3 billion
$0 million
โ€”
8. Veterans Benefits
$125.1 billion
$0 million
โ€”
9. K-12 Education
$0 million
$1.4 billion
-100.0%
10. Transportation
$0 million
$526 million
-100.0%
11. Higher Education
$0 million
$149 million
-100.0%
12. Corrections
$0 million
$139 million
-100.0%
13. Public Assistance
$0 million
$83 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.

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