Hawaii Fiscal Statistics

StatisNostics/State Financials/Hawaii

Historical State Finances

Hawaii

$16.00K$16.00K$14.00K$14.00K$12.00K$12.00K$10.00K$10.00K$8.00K$8.00K$6.00K$6.00K20122012201320132014201420152015201620162017201720182018201920192020202020212021
Spending Per Capita - Hawaii
Debt Per Capita - Hawaii
Revenue Per Capita - Hawaii

Filter Data by Year

20122021

Revenue Data

Air Transportation Charges

$500.0M$500.0M$450.0M$450.0M$400.0M$400.0M$350.0M$350.0M$300.0M$300.0M$250.0M$250.0M201220122012201220122012201320132013201320142014201520152015201520162016201620162016201620172017201820182018201820192019201920192020202020202020

State Revenue Analysis (Hawaii: 2012ā€“2021)

Population: 1,392,766 ā†’ 1,415,872 (1.7% change)

Overall Revenue Trends

Total Revenueā–² 71.8%
$10,290,042,000 (2012)ā†’$17,676,069,000 (2021)
Per Capita Revenueā–² 69%
$7,388 (2012)ā†’$12,484 (2021)
Fund Balancesā–² 179.5%
$5,018,117,000 (2012)ā†’$14,024,515,000 (2021)
Revenue Volatilityāœ“ Low
Avg. fluctuation: 6.4%

Major Tax Revenue

Sales Taxā–² 22.2%
$2,697,951,000 (2012)ā†’$3,296,268,000 (2021)

Utility Revenue

Growth Analysis

Fastest Growing Revenue Sources

Local Intergovernmental Otherā–² 7501.1%
$5,610,000ā†’$426,423,000
Federal Intergovernmental Health & Hospitalsā–² 1735.9%
$113,365,000ā†’$2,081,280,000
Other License Taxā–² 917.9%
$1,162,000ā†’$11,828,000

Declining/Slowest Growing Sources

Unemployment - Interest Revenueā–¼ 89.7%
$692,000ā†’$71,000
Elementary Secondary Education School Lunch Chargesā–¼ 89.5%
$26,662,000ā†’$2,791,000
Sale of Propertyā–¼ 84.2%
$1,428,000ā†’$225,000

Revenue Forecast

Projected Revenue (Next Year)ā–² 8.7%
Estimated: $19,208,918,944
Based on 3-year revenue trend

Revenue Composition

2012 Revenue Sources

Total General Sales Taxes26.2%
Individual Income Tax15.0%
Federal Intergovernmental Public Welfare9.9%
Federal Intergovernmental Education5.9%
Hospital Charges5.2%
Miscellaneous General Revenue Not Elsewhere Classified4.3%
Air Transportation Charges3.7%
Other Selective Sales Taxes3.4%
Unemployment - Contribution3.1%
Higher Education Tuition Charges2.8%
Motor Vehicle License2.0%
Public Utilities Tax1.5%
Federal Intergovernmental Other1.4%
Federal Intergovernmental Highways1.4%
Insurance Premium Tax1.2%
Tobacco Sales Tax1.2%
All Other Not Elsewhere Classified Charges1.2%
Federal Intergovernmental Health & Hospitals1.1%
Water Transportation & Terminal Charges0.9%
Motor Fuels Sales Tax0.9%
Higher Education Auxiliary Charges0.9%
Corporation Net Income Tax0.8%
Rents0.6%
Donations From Private Sources0.6%
Federal Intergovernmental Housing & Community Development0.5%
Alcoholic Beverage Sales Tax0.5%
Documentary & Stock Transfer Tax0.4%
Interest Earnings0.4%
Federal Intergovernmental Air Transportation0.4%
Fines & Forfeits0.3%
Federal Intergovernmental Employment Security Administration0.3%
Occupation & Business License Not Elsewhere Classified0.3%
Federal Intergovernmental Other Natural Resources0.3%
Elementary Secondary Education School Lunch Charges0.3%
Federal Intergovernmental Sewerage0.2%
Natural Resources Not Elsewhere Classified Charges0.2%
Housing & Community Development Charges0.2%
Public Utility License Tax0.2%
Death & Gift Tax0.1%
Special Assessments0.1%
Parks & Recreation Charges0.1%
Federal Intergovernmental Water Utilities0.1%
Local Intergovernmental Other0.1%
Elementary Secondary Education Tuition and Transportation Charges0.1%
Elementary Secondary Education Not Elsewhere Classified Charges0.0%
Parking Facilities Charges0.0%
Corporation License Tax0.0%
Sale of Property0.0%
Other License Tax0.0%
Unemployment - Interest Revenue0.0%
Motor Vehicle Operators License0.0%
Hunting & Fishing License0.0%

2021 Revenue Sources

Individual Income Tax19.0%
Total General Sales Taxes18.6%
Federal Intergovernmental Public Welfare11.8%
Federal Intergovernmental Health & Hospitals11.8%
Miscellaneous General Revenue Not Elsewhere Classified8.8%
Federal Intergovernmental Education3.9%
Hospital Charges2.8%
Local Intergovernmental Other2.4%
Federal Intergovernmental Highways2.2%
Other Selective Sales Taxes1.8%
Higher Education Tuition Charges1.6%
Air Transportation Charges1.4%
Unemployment - Contribution1.2%
Interest Earnings1.1%
Insurance Premium Tax1.1%
Corporation Net Income Tax1.1%
Motor Vehicle License1.0%
Water Transportation & Terminal Charges1.0%
All Other Not Elsewhere Classified Charges0.8%
Federal Intergovernmental Other0.7%
Public Utilities Tax0.7%
Tobacco Sales Tax0.6%
Federal Intergovernmental Housing & Community Development0.5%
Donations From Private Sources0.5%
Rents0.5%
Motor Fuels Sales Tax0.4%
Documentary & Stock Transfer Tax0.4%
Occupation & Business License Not Elsewhere Classified0.3%
Alcoholic Beverage Sales Tax0.3%
Higher Education Auxiliary Charges0.2%
Federal Intergovernmental Employment Security Administration0.2%
Fines & Forfeits0.2%
Death & Gift Tax0.2%
Federal Intergovernmental Other Natural Resources0.2%
Housing & Community Development Charges0.1%
Natural Resources Not Elsewhere Classified Charges0.1%
Public Utility License Tax0.1%
Special Assessments0.1%
Parks & Recreation Charges0.1%
Federal Intergovernmental Sewerage0.1%
Other License Tax0.1%
Federal Intergovernmental Water Utilities0.1%
Federal Intergovernmental Air Transportation0.1%
Elementary Secondary Education School Lunch Charges0.0%
Parking Facilities Charges0.0%
Corporation License Tax0.0%
Elementary Secondary Education Not Elsewhere Classified Charges0.0%
Elementary Secondary Education Tuition and Transportation Charges0.0%
Hunting & Fishing License0.0%
Motor Vehicle Operators License0.0%
Sale of Property0.0%
Unemployment - Interest Revenue0.0%

Key Insights

  1. 1Total revenue increased by 71.8% from 2012 to 2021, representing a significant change in the state's financial position.
  2. 2Population changed by 1.7%, while per-capita revenue changed by 69.0%.
  3. 3The state's fund balances increased by 179.5%, suggesting improved fiscal health.

Expense Data

Air Transportation Construction

$150.0M$150.0M$100.0M$100.0M$50.0M$50.0M$0.00$0.00201220122012201220122012201320132013201320142014201520152015201520162016201620162016201620172017201820182018201820192019201920192020202020202020

State Expense Analysis (Hawaii: 2012 - 2021)

Total Expenditure Trends

Operating Expendituresā–² 31%
$7,146,615,000ā†’$9,341,896,000
Per Capita Spendingā–² 29%
$5,131ā†’$6,598

Population Trends

Population Changeā–² 1.7%
1,392,766 (2012)ā†’1,415,872 (2021)
āš ļø Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protectionā–² 120%
$0 (2012)ā†’$0 (2021)
Fire Protectionā–¼ 0%
$0 (2012)ā†’$0 (2021)

Infrastructure Expenses

Highways Maintenanceā–² 81%
$0 (2012)ā†’$0 (2021)
Sewerage Operationsā–¼ 71%
$0 (2012)ā†’$0 (2021)

Administrative Expenses

Financial Administrationā–¼ 65%
$0 (2012)ā†’$0 (2021)
General Expensesā–² 196%
$0 (2012)ā†’$0 (2021)

Hawaii Key Insights

  1. 1Police protection spending increased by 120%, significantly outpacing population growth of 1.7%
  2. 2General expenses increased dramatically by 196%, which may indicate classification changes, new initiatives, or reporting adjustments
  3. 3Police Protection was the fastest growing major expense category at 120% increase

Debt Data

Beginning Long-Term Debt Outstanding - Non-Guaranteed Public Debt for Private Purpose

$600.0M$600.0M$500.0M$500.0M$400.0M$400.0M$300.0M$300.0M$200.0M$200.0M$100.0M$100.0M$0.00$0.00201220122012201220122012201320132013201320142014201520152015201520162016201620162016201620172017201820182018201820192019201920192020202020202020

State Debt Analysis (2012-2021)

Debt Trends

Total Long-Term Debtā–² 45%
$7,910,517,000 (2012)ā†’$11,480,269,000 (2021)
Industrial Revenue Debtā–¼ 92%
$487,495,000 (2012)ā†’$40,745,000 (2021)
Per Capita Debtā–² 43%
$5,680 (2012)ā†’$8,108 (2021)

Population Trends

Population Changeā–² 1.7%
1,392,766 (2012)ā†’1,415,872 (2021)
āš ļø Per capita debt increased significantly with stable population

Debt Management

Most Recent Year (2021)

Issued:$3,186,665,000
Retired:$1,087,956,000
Net Change:+$2,098,709,000

Debt Retirement Trend

$1,210,687,000 ā†’ $1,087,956,000ā–¼ 10%

Key Insights

  1. 1The state's debt burden per resident grew substantially while population remained relatively flat.
  2. 2New debt issuance significantly increased the per-resident debt burden (up 43%).