Free Top 10 U.S. States by State-Level Budget Surpluses (2020-2025) Chart
The chart highlights how California consistently maintains the largest budget surplus from 2020 to 2025, starting at USD 15.2 billion in 2020 and rising to USD 16.2 billion in 2025, demonstrating strong fiscal management. Texas follows, increasing from USD 8.3 billion in 2020 to USD 11.5 billion in 2025. Florida shows steady growth as well, reaching USD 8.5 billion by 2025 from USD 5.5 billion in 2020. New York follows with a surplus growing from USD 4.8 billion to USD 8.2 billion over the same period. Illinois progresses from USD 3.9 billion to USD 6.1 billion, while Pennsylvania climbs from USD 3.5 billion to USD 5 billion. Ohio, Georgia, North Carolina, and Washington exhibit gradual but stable increases, reinforcing their fiscal resilience. Overall, the data reflects how multiple states are strengthening their budget positions, with California and Texas leading the trend.
| Labels | 2020 Surplus (USD billions) | 2021 Surplus (USD billions) | 2022 Surplus (USD billions) | 2023 Surplus (USD billions) | 2024 Surplus (USD billions) | 2025 Surplus (USD billions) |
|---|---|---|---|---|---|---|
| California | 15.2 | 10.5 | 12.3 | 14.1 | 13.4 | 16.2 |
| Texas | 8.3 | 9.0 | 10.7 | 11.2 | 12.3 | 11.5 |
| Florida | 5.5 | 6.2 | 7.0 | 7.8 | 8.0 | 8.5 |
| New York | 4.8 | 5.1 | 6.0 | 7.5 | 7.8 | 8.2 |
| Illinois | 3.9 | 4.0 | 4.8 | 5.6 | 5.9 | 6.1 |
| Pennsylvania | 3.5 | 3.8 | 4.2 | 4.9 | 5.1 | 5.0 |
| Ohio | 3.2 | 3.4 | 3.9 | 4.5 | 4.8 | 5.0 |
| Georgia | 2.9 | 3.1 | 3.5 | 3.9 | 4.3 | 4.5 |
| North Carolina | 2.5 | 3.0 | 3.4 | 3.7 | 4.0 | 4.2 |
| Washington | 2.2 | 2.5 | 2.8 | 3.2 | 3.5 | 3.8 |
