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Wyoming vs South Dakota Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Wyoming vs South Dakota

Total Expenditure

Wyoming

$5.6 billion

South Dakota

$6.9 billion

Wyoming is 18.7% lower
General Fund

Wyoming

$1.7 billion

South Dakota

$2.4 billion

Wyoming is 30.0% lower
Total Revenue

Wyoming

โ€”

South Dakota

โ€”

Not comparable
General Fund Revenue

Wyoming

โ€”

South Dakota

$2.4 billion

Not comparable
Rainy Day Fund

Wyoming

โ€”

South Dakota

$242 million

Not comparable
State GDP

Wyoming

$52.6 billion

South Dakota

$80.7 billion

Wyoming is 34.8% lower

Receipts & Expenditure Comparison

ParticularsWyomingSouth DakotaDifference
Total Expenditure (all funds)$5.6 billion$6.9 billion-18.7%
General Fund Expenditure$1.7 billion$2.4 billion-30.0%
Total Revenueโ€”โ€”โ€”
General Fund Revenueโ€”$2.4 billionโ€”
Rainy Day Fundโ€”$242 millionโ€”
State GDP$52.6 billion$80.7 billion-34.8%

Wyoming per resident

$9,491

South Dakota per resident

$7,352

Wyoming โ€” Spending Composition

South Dakota โ€” Spending Composition

Category-wise Allocation โ€” Wyoming vs South Dakota

CategoryWyomingSouth DakotaDifference
1. All Other
$0 million
$1.9 billion
-100.0%
2. Medicaid
$706 million
$1.5 billion
-53.3%
3. K-12 Education
$1.1 billion
$1.1 billion
-7.2%
4. Transportation
$0 million
$1.1 billion
-100.0%
5. Higher Education
$487 million
$930 million
-47.6%
6. Corrections
$131 million
$349 million
-62.5%

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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