Economy of Australia
The economy of Australia is a large mixed-market economy, with a GDP of A$1.69 trillion as of 2017. In 2018 Australia overtook Switzerland, and became the country with the largest median wealth per adult. Australia's total wealth was AUD$8.9 trillion as of June 2016. In 2016, Australia was the 14th-largest national economy by nominal GDP, 20th-largest by PPP-adjusted GDP, and was the 25th-largest goods exporter and 20th-largest goods importer. Australia took the record for the longest run of uninterrupted GDP growth in the developed world with the March 2017 financial quarter, the 103rd quarter and marked 26 years since the country had a technical recession (two consecutive quarters of negative growth).
Texas
As of 2017, Texas had a gross state product (GSP) of $1.696 trillion, the second highest in the U.S. Its GSP is greater than the GDPs of Canada, South Korea, Russia and Australia, which are the world's 10th-, 11th-, 12th- and 13th-largest economies, respectively. Texas's economy is the fourth-largest of any country subdivision globally, behind England (as part of the UK), California, and Japan's Kantō region. Its per capita personal income in 2009 was $36,484, ranking 29th in the nation.