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Arkansas vs North Carolina Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Arkansas vs North Carolina

Total Expenditure

Arkansas

$32.5 billion

North Carolina

$83.2 billion

Arkansas is 60.9% lower
General Fund

Arkansas

$6.2 billion

North Carolina

$31.3 billion

Arkansas is 80.3% lower
Total Revenue

Arkansas

โ€”

North Carolina

โ€”

Not comparable
General Fund Revenue

Arkansas

$6.5 billion

North Carolina

$34.6 billion

Arkansas is 81.1% lower
Rainy Day Fund

Arkansas

$1.8 billion

North Carolina

$3.6 billion

Arkansas is 49.9% lower
State GDP

Arkansas

$198.4 billion

North Carolina

$893.8 billion

Arkansas is 77.8% lower

Receipts & Expenditure Comparison

ParticularsArkansasNorth CarolinaDifference
Total Expenditure (all funds)$32.5 billion$83.2 billion-60.9%
General Fund Expenditure$6.2 billion$31.3 billion-80.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$6.5 billion$34.6 billion-81.1%
Rainy Day Fund$1.8 billion$3.6 billion-49.9%
State GDP$198.4 billion$893.8 billion-77.8%

Arkansas per resident

$10,447

North Carolina per resident

$7,433

Arkansas โ€” Spending Composition

North Carolina โ€” Spending Composition

Category-wise Allocation โ€” Arkansas vs North Carolina

CategoryArkansasNorth CarolinaDifference
1. Medicaid
$9.3 billion
$33.2 billion
-71.9%
2. K-12 Education
$4.8 billion
$15.8 billion
-69.6%
3. All Other
$12.4 billion
$11.7 billion
+6.5%
4. Higher Education
$3.1 billion
$12.0 billion
-73.8%
5. Transportation
$2.3 billion
$8.2 billion
-71.9%
6. Corrections
$518 million
$2.3 billion
-77.9%

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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