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Wyoming vs Rhode Island Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Wyoming vs Rhode Island

Total Expenditure

Wyoming

$5.6 billion

Rhode Island

$12.8 billion

Wyoming is 56.3% lower
General Fund

Wyoming

$1.7 billion

Rhode Island

$5.2 billion

Wyoming is 68.4% lower
Total Revenue

Wyoming

โ€”

Rhode Island

โ€”

Not comparable
General Fund Revenue

Wyoming

โ€”

Rhode Island

$5.4 billion

Not comparable
Rainy Day Fund

Wyoming

โ€”

Rhode Island

$347 million

Not comparable
State GDP

Wyoming

$52.6 billion

Rhode Island

$84.0 billion

Wyoming is 37.3% lower

Receipts & Expenditure Comparison

ParticularsWyomingRhode IslandDifference
Total Expenditure (all funds)$5.6 billion$12.8 billion-56.3%
General Fund Expenditure$1.7 billion$5.2 billion-68.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenueโ€”$5.4 billionโ€”
Rainy Day Fundโ€”$347 millionโ€”
State GDP$52.6 billion$84.0 billion-37.3%

Wyoming per resident

$9,491

Rhode Island per resident

$11,461

Wyoming โ€” Spending Composition

Rhode Island โ€” Spending Composition

Category-wise Allocation โ€” Wyoming vs Rhode Island

CategoryWyomingRhode IslandDifference
1. All Other
$0 million
$5.2 billion
-100.0%
2. Medicaid
$706 million
$3.0 billion
-76.8%
3. K-12 Education
$1.1 billion
$2.1 billion
-49.5%
4. Higher Education
$487 million
$1.4 billion
-65.1%
5. Transportation
$0 million
$777 million
-100.0%
6. Corrections
$131 million
$289 million
-54.7%

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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