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Oklahoma vs New Hampshire Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Oklahoma vs New Hampshire

Total Expenditure

Oklahoma

$23.8 billion

New Hampshire

$7.5 billion

Oklahoma is 216.2% higher
General Fund

Oklahoma

$7.0 billion

New Hampshire

$1.6 billion

Oklahoma is 333.7% higher
Total Revenue

Oklahoma

โ€”

New Hampshire

โ€”

Not comparable
General Fund Revenue

Oklahoma

$8.3 billion

New Hampshire

$1.8 billion

Oklahoma is 348.9% higher
Rainy Day Fund

Oklahoma

$542 million

New Hampshire

$258 million

Oklahoma is 110.1% higher
State GDP

Oklahoma

$274.4 billion

New Hampshire

$125.5 billion

Oklahoma is 118.6% higher

Receipts & Expenditure Comparison

ParticularsOklahomaNew HampshireDifference
Total Expenditure (all funds)$23.8 billion$7.5 billion+216.2%
General Fund Expenditure$7.0 billion$1.6 billion+333.7%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$8.3 billion$1.8 billion+348.9%
Rainy Day Fund$542 million$258 million+110.1%
State GDP$274.4 billion$125.5 billion+118.6%

Oklahoma per resident

$5,779

New Hampshire per resident

$5,325

Oklahoma โ€” Spending Composition

New Hampshire โ€” Spending Composition

Category-wise Allocation โ€” Oklahoma vs New Hampshire

CategoryOklahomaNew HampshireDifference
1. All Other
$7.2 billion
$2.9 billion
+154.0%
2. Medicaid
$5.7 billion
$2.4 billion
+137.2%
3. K-12 Education
$5.0 billion
$1.4 billion
+268.4%
4. Higher Education
$3.4 billion
$149 million
+2187.2%
5. Transportation
$1.8 billion
$526 million
+233.8%
6. Corrections
$568 million
$139 million
+308.6%
7. Public Assistance
$77 million
$83 million
-7.2%

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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