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Alabama vs Oklahoma Budget FY2021

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Alabama vs Oklahoma

Total Expenditure

Alabama

$31.9 billion

Oklahoma

$23.8 billion

Alabama is 33.9% higher
General Fund

Alabama

$10.0 billion

Oklahoma

$7.0 billion

Alabama is 43.9% higher
Total Revenue

Alabama

โ€”

Oklahoma

โ€”

Not comparable
General Fund Revenue

Alabama

$11.2 billion

Oklahoma

$8.3 billion

Alabama is 35.4% higher
Rainy Day Fund

Alabama

$1.2 billion

Oklahoma

$542 million

Alabama is 118.5% higher
State GDP

Alabama

$321.2 billion

Oklahoma

$274.4 billion

Alabama is 17.1% higher

Receipts & Expenditure Comparison

ParticularsAlabamaOklahomaDifference
Total Expenditure (all funds)$31.9 billion$23.8 billion+33.9%
General Fund Expenditure$10.0 billion$7.0 billion+43.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$11.2 billion$8.3 billion+35.4%
Rainy Day Fund$1.2 billion$542 million+118.5%
State GDP$321.2 billion$274.4 billion+17.1%

Alabama per resident

$6,145

Oklahoma per resident

$5,779

Alabama โ€” Spending Composition

Oklahoma โ€” Spending Composition

Category-wise Allocation โ€” Alabama vs Oklahoma

CategoryAlabamaOklahomaDifference
1. All Other
$9.0 billion
$7.2 billion
+24.0%
2. Medicaid
$7.7 billion
$5.7 billion
+33.5%
3. K-12 Education
$6.3 billion
$5.0 billion
+26.0%
4. Higher Education
$6.3 billion
$3.4 billion
+85.1%
5. Transportation
$1.8 billion
$1.8 billion
+1.0%
6. Corrections
$814 million
$568 million
+43.3%
7. Public Assistance
$27 million
$77 million
-64.9%

Compare Another Fiscal Year

FY2025FY2024FY2023FY2022FY2021

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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