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Oklahoma vs Wyoming Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Oklahoma vs Wyoming

Total Expenditure

Oklahoma

$29.1 billion

Wyoming

$5.4 billion

Oklahoma is 442.8% higher
General Fund

Oklahoma

$7.8 billion

Wyoming

$1.5 billion

Oklahoma is 408.3% higher
Total Revenue

Oklahoma

โ€”

Wyoming

โ€”

Not comparable
General Fund Revenue

Oklahoma

$10.2 billion

Wyoming

โ€”

Not comparable
Rainy Day Fund

Oklahoma

$1.7 billion

Wyoming

โ€”

Not comparable
State GDP

Oklahoma

$274.4 billion

Wyoming

$52.6 billion

Oklahoma is 421.5% higher

Receipts & Expenditure Comparison

ParticularsOklahomaWyomingDifference
Total Expenditure (all funds)$29.1 billion$5.4 billion+442.8%
General Fund Expenditure$7.8 billion$1.5 billion+408.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$10.2 billionโ€”โ€”
Rainy Day Fund$1.7 billionโ€”โ€”
State GDP$274.4 billion$52.6 billion+421.5%

Oklahoma per resident

$7,062

Wyoming per resident

$9,112

Oklahoma โ€” Spending Composition

Wyoming โ€” Spending Composition

Category-wise Allocation โ€” Oklahoma vs Wyoming

CategoryOklahomaWyomingDifference
1. Medicaid
$9.9 billion
$679 million
+1359.5%
2. All Other
$8.6 billion
$0 million
โ€”
3. K-12 Education
$4.5 billion
$911 million
+388.5%
4. Higher Education
$3.9 billion
$448 million
+776.8%
5. Transportation
$1.7 billion
$0 million
โ€”
6. Corrections
$577 million
$140 million
+312.1%

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.

Explore more budget data

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