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Hawaii vs Iowa Budget FY2024

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Hawaii vs Iowa

Total Expenditure

Hawaii

$20.2 billion

Iowa

$31.6 billion

Hawaii is 36.2% lower
General Fund

Hawaii

$10.7 billion

Iowa

$8.6 billion

Hawaii is 25.3% higher
Total Revenue

Hawaii

โ€”

Iowa

โ€”

Not comparable
General Fund Revenue

Hawaii

$10.6 billion

Iowa

$9.8 billion

Hawaii is 9.0% higher
Rainy Day Fund

Hawaii

$1.5 billion

Iowa

$961 million

Hawaii is 57.8% higher
State GDP

Hawaii

$124.6 billion

Iowa

$277.1 billion

Hawaii is 55.0% lower

Receipts & Expenditure Comparison

ParticularsHawaiiIowaDifference
Total Expenditure (all funds)$20.2 billion$31.6 billion-36.2%
General Fund Expenditure$10.7 billion$8.6 billion+25.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$10.6 billion$9.8 billion+9.0%
Rainy Day Fund$1.5 billion$961 million+57.8%
State GDP$124.6 billion$277.1 billion-55.0%

Hawaii per resident

$14,068

Iowa per resident

$9,762

Hawaii โ€” Spending Composition

Iowa โ€” Spending Composition

Category-wise Allocation โ€” Hawaii vs Iowa

CategoryHawaiiIowaDifference
1. All Other
$10.8 billion
$6.5 billion
+66.7%
2. Medicaid
$3.2 billion
$9.2 billion
-65.0%
3. Higher Education
$816 million
$8.0 billion
-89.8%
4. K-12 Education
$3.1 billion
$5.0 billion
-37.9%
5. Transportation
$1.9 billion
$2.5 billion
-26.0%
6. Corrections
$402 million
$532 million
-24.4%

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.

Explore more budget data

Browse all 50 state budgets, the federal budget across every fiscal year, or build a different comparison from the compare page.