1995-present

Oil turned into observed in business quantities beneath the Presidency of John Kufuor. His successor,
John Atta Mills initiated Ghana's first ever foray into oil manufacturing.[2] In 2010, the authorities
rebased the economic facts of the us of a ensuing in an upward push of the GDP of Ghana via more than
60%. The base 12 months for calculations changed into also modified from 1993 to 2006. The rebase
moved Ghana into middle income reputation and it positioned the u . S . A . Because the third biggest
inside the ranking of GDP in line with character in West Africa behind Cape Verde and Nigeria. After the
changes in facts, the provider quarter became the most important area of Ghana's economic system
with a percentage of 51%. Agriculture, which became to begin with the dominant sector, accounted for
30.2% after the monetary rebasing whiles the commercial quarter lagged in the back of with a
proportion of 18.6%.[3] Ghana have become the quickest growing kingdom inside the international in
2011[4][5][6] and once more in 2019.[7][8][9]