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State Guide25th StateEst. 1836
Arkansas State Flag

Arkansas AR

"The Natural State"

From the Ozark Mountains to the Mississippi Delta, Arkansas is a land of natural beauty, agricultural heritage, and growing economic opportunity.

Arkansas state finances at a glance

State Debt - FY2024

$8.1 billion

Total state government debt outstanding at the close of fiscal 2024, including long-term bonds and short-term borrowing across state agencies and public universities.

Tax Revenue - FY2024

$12.7 billion

Total Arkansas state tax collections in fiscal 2024, led by the general sales tax ($5.1B) and the individual income tax ($2.8B).

Borrowing

Arkansas issues general obligation bonds only after statewide voter approval, backed by the state's full faith and credit, along with revenue bonds tied to specific programs. All are sold to investors in the tax-exempt municipal bond market. The state reported about $246 million in interest on its debt in fiscal 2024.

Source: U.S. Census Bureau, 2024 Annual Survey of State Government Finances.

25th
State admitted to the Union
53K
Square miles
3.07M
Population
Natural State
Nickname
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