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South Dakota vs Wyoming Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” South Dakota vs Wyoming

Total Expenditure

South Dakota

$6.1 billion

Wyoming

$5.4 billion

South Dakota is 13.7% higher
General Fund

South Dakota

$2.2 billion

Wyoming

$1.5 billion

South Dakota is 46.3% higher
Total Revenue

South Dakota

โ€”

Wyoming

โ€”

Not comparable
General Fund Revenue

South Dakota

$2.3 billion

Wyoming

โ€”

Not comparable
Rainy Day Fund

South Dakota

$239 million

Wyoming

โ€”

Not comparable
State GDP

South Dakota

$80.7 billion

Wyoming

$52.6 billion

South Dakota is 53.3% higher

Receipts & Expenditure Comparison

ParticularsSouth DakotaWyomingDifference
Total Expenditure (all funds)$6.1 billion$5.4 billion+13.7%
General Fund Expenditure$2.2 billion$1.5 billion+46.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$2.3 billionโ€”โ€”
Rainy Day Fund$239 millionโ€”โ€”
State GDP$80.7 billion$52.6 billion+53.3%

South Dakota per resident

$6,524

Wyoming per resident

$9,112

South Dakota โ€” Spending Composition

Wyoming โ€” Spending Composition

Category-wise Allocation โ€” South Dakota vs Wyoming

CategorySouth DakotaWyomingDifference
1. All Other
$1.7 billion
$0 million
โ€”
2. Medicaid
$1.2 billion
$679 million
+81.9%
3. Transportation
$920 million
$0 million
โ€”
4. K-12 Education
$896 million
$911 million
-1.6%
5. Higher Education
$910 million
$448 million
+103.1%
6. Corrections
$409 million
$140 million
+192.1%

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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