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North Dakota vs Oklahoma Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” North Dakota vs Oklahoma

Total Expenditure

North Dakota

$7.5 billion

Oklahoma

$27.9 billion

North Dakota is 73.3% lower
General Fund

North Dakota

$3.3 billion

Oklahoma

$9.1 billion

North Dakota is 64.0% lower
Total Revenue

North Dakota

โ€”

Oklahoma

โ€”

Not comparable
General Fund Revenue

North Dakota

$3.0 billion

Oklahoma

$9.6 billion

North Dakota is 68.5% lower
Rainy Day Fund

North Dakota

$915 million

Oklahoma

$2.0 billion

North Dakota is 54.9% lower
State GDP

North Dakota

$81.9 billion

Oklahoma

$274.4 billion

North Dakota is 70.2% lower

Receipts & Expenditure Comparison

ParticularsNorth DakotaOklahomaDifference
Total Expenditure (all funds)$7.5 billion$27.9 billion-73.3%
General Fund Expenditure$3.3 billion$9.1 billion-64.0%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$3.0 billion$9.6 billion-68.5%
Rainy Day Fund$915 million$2.0 billion-54.9%
State GDP$81.9 billion$274.4 billion-70.2%

North Dakota per resident

$9,344

Oklahoma per resident

$6,773

North Dakota โ€” Spending Composition

Oklahoma โ€” Spending Composition

Category-wise Allocation โ€” North Dakota vs Oklahoma

CategoryNorth DakotaOklahomaDifference
1. Medicaid
$1.4 billion
$10.5 billion
-86.5%
2. K-12 Education
$1.6 billion
$6.0 billion
-73.6%
3. All Other
$1.8 billion
$4.9 billion
-63.4%
4. Higher Education
$1.5 billion
$3.9 billion
-60.3%
5. Transportation
$1.0 billion
$2.1 billion
-52.5%
6. Corrections
$153 million
$604 million
-74.7%

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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