~$80B
Permanent Fund Assets
Oil & Gas
Top Revenue Source
Historical data
Coming soon
Long-run charts for this indicator are on the way.
Compared to the United States
| Indicator | Alaska | United States |
|---|---|---|
| Permanent Fund Assets ($B) | 80 | 0 |
National ranking
Alaska ranks #29 of 31 states by state tax revenue per capita.
| #1 | Texas | 82,300,000,000 |
| #2 | Maine | $5,100,000,000 |
| #3 | Rhode Island | $4,900,000,000 |
| #4 | Montana | $4,200,000,000 |
| #5 | New Hampshire | $3,400,000,000 |
| #6 | New Jersey | $5,700 |
| #7 | Wisconsin | $3,700 |
| #8 | Washington | $3,700 |
| #9 | Virginia | $3,500 |
| #10 | Michigan | $3,500 |
| #11 | Arizona | $3,200 |
| #12 | North Carolina | $3,100 |
| #13 | Georgia | $2,950 |
| #14 | Ohio | $2,860 |
| #15 | Florida | 58 |
| #16 | Illinois | 57 |
| #17 | Massachusetts | $44 |
| #18 | Wyoming | 40% |
| #19 | New Mexico | 35% |
| #20 | Minnesota | 28 |
| #21 | Indiana | $24 |
| #22 | Vermont | $18 |
| #23 | Colorado | 17 |
| #24 | Missouri | 14 |
| #25 | Utah | 12 |
| #26 | Oregon | 12 |
| #27 | South Dakota | 8.4% |
| #28 | Delaware | $5.5 |
| #29 | Alaska | 5M |
| #30 | Kentucky | 0 |
| #31 | Louisiana | 0 |
Overview
Rather than relying on broad-based individual taxes, Alaska funds government largely through oil and gas production taxes, royalties, and investment earnings from its sovereign wealth fund.
Did you know?
- The Alaska Permanent Fund holds roughly $80 billion in assets built from oil revenue.
- Oil price swings can cause large year-to-year changes in total state revenue.