New Mexico
Federal spending data for New Mexico (NM), FY2024.
Total Spending
$40.2B
Per Capita
$18,984
Population
2,117,522
Contracts
$12.7K
Grants
$7.1K
Spending by Award Type
Direct Payments $20.4K (0.0%)
Contracts $12.7K (0.0%)
Grants $7.1K (0.0%)
Other $2.9K (0.0%)
Loans $2.3K (0.0%)
Top Federal Agencies in New Mexico
| # | Agency | Spending | % of Total |
|---|---|---|---|
| 1 | Department of Energy | $10.6B | 26.3% |
| 2 | Social Security Administration | $10.0B | 24.8% |
| 3 | Department of Health and Human Services | $9.3B | 23.1% |
| 4 | Department of Agriculture | $2.0B | 5.0% |
| 5 | Department of Veterans Affairs | $1.5B | 3.6% |
| 6 | Department of Defense | $1.4B | 3.5% |
| 7 | Department of the Interior | $1.1B | 2.7% |
| 8 | Department of Transportation | $867.5M | 2.2% |
| 9 | Department of Education | $786.4M | 2.0% |
| 10 | Department of Commerce | $699.4M | 1.7% |
Top Recipients in New Mexico
| # | Recipient | Total Awards | Award Count |
|---|---|---|---|
| 1 | MULTIPLE RECIPIENTS | $12.2B | 0 |
| 2 | DEPARTMENT OF HUMAN SERVICES NEW MEXICO | $8.5B | 0 |
| 3 | TRIAD NATIONAL SECURITY, LLC | $5.2B | 0 |
| 4 | NATIONAL TECHNOLOGY & ENGINEERING SOLUTIONS OF SANDIA, LLC | $5.0B | 0 |
| 5 | NEW MEXICO DEPARTMENT OF TRANSPORTATION | $679.8M | 0 |
| 6 | INFORMATION TECHNOLOGY, NEW MEXICO DEPARTMENT OF | $670.4M | 0 |
| 7 | STATE OF NEW MEXICO PUBLIC EDUCATION DEPARTMENT | $529.6M | 0 |
| 8 | ENERGY MINERALS & NATURAL RESOURCES DEPARTMENT | $358.9M | 0 |
| 9 | NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT | $290.3M | 0 |
| 10 | WESTERN NEW MEXICO TELEPHONE COMPANY, INC. | $202.2M | 0 |
| 11 | APPLIED RESEARCH ASSOCIATES, INC. | $194.9M | 0 |
| 12 | CDM CONSTRUCTORS INC | $175.3M | 0 |
| 13 | STATE OF NEW MEXICO FINANCE AND ADMINISTRATION | $162.2M | 0 |
| 14 | UNIVERSITY OF NEW MEXICO | $148.6M | 0 |
| 15 | JACOBS PROJECT MANAGEMENT CO. | $130.0M | 0 |
Spending Trends
Federal spending in New Mexico over recent fiscal years.
| Fiscal Year | Total Spending | Per Capita | Population |
|---|---|---|---|
| FY2020 | $35.9B | $16,943 | 2,117,522 |
| FY2021 | $41.4B | $19,567 | 2,117,522 |
| FY2022 | $37.3B | $17,605 | 2,117,522 |
| FY2023 | $38.1B | $17,992 | 2,117,522 |
| FY2024 | $40.2B | $18,984 | 2,117,522 |
Data Source: USASpending.gov, Fiscal Year 2024.
Includes contracts, grants, loans, direct payments, and other financial assistance.