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Alaska vs New Hampshire Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Alaska vs New Hampshire

Total Expenditure

Alaska

$11.7 billion

New Hampshire

$7.5 billion

Alaska is 55.3% higher
General Fund

Alaska

$5.6 billion

New Hampshire

$1.6 billion

Alaska is 246.9% higher
Total Revenue

Alaska

โ€”

New Hampshire

โ€”

Not comparable
General Fund Revenue

Alaska

$4.8 billion

New Hampshire

$1.8 billion

Alaska is 159.4% higher
Rainy Day Fund

Alaska

$1.1 billion

New Hampshire

$258 million

Alaska is 310.9% higher
State GDP

Alaska

$75.0 billion

New Hampshire

$125.5 billion

Alaska is 40.2% lower

Receipts & Expenditure Comparison

ParticularsAlaskaNew HampshireDifference
Total Expenditure (all funds)$11.7 billion$7.5 billion+55.3%
General Fund Expenditure$5.6 billion$1.6 billion+246.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$4.8 billion$1.8 billion+159.4%
Rainy Day Fund$1.1 billion$258 million+310.9%
State GDP$75.0 billion$125.5 billion-40.2%

Alaska per resident

$15,875

New Hampshire per resident

$5,325

Alaska โ€” Spending Composition

New Hampshire โ€” Spending Composition

Category-wise Allocation โ€” Alaska vs New Hampshire

CategoryAlaskaNew HampshireDifference
1. All Other
$5.7 billion
$2.9 billion
+98.8%
2. Medicaid
$2.1 billion
$2.4 billion
-13.8%
3. Transportation
$1.6 billion
$526 million
+195.6%
4. K-12 Education
$1.3 billion
$1.4 billion
-3.9%
5. Higher Education
$579 million
$149 million
+288.6%
6. Corrections
$369 million
$139 million
+165.5%
7. Public Assistance
$128 million
$83 million
+54.2%

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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