While some years Angola had the fastest climbing economy in the world(reaching 20% growth in 1995), over recent years the country has seen economic growth of around 3% annually.Angola is a potentially rich country of abundant natural resources, a surplus-producing agricultural sector, and a sizable manufacturing potential. Angolan economic performances improved, facilitated by the booming oil industry. Increased ecoonmic dynamism has encouraged economic rebuilding and helped to sustain the overall advancement of economic freedom.2016 Economic Freedom Score was 48.9(up to 1.0 points).The global ranking was 156th.The top income tax rate is 17 percent. The top corporate tax rate is 30 percent, although rates for the mining and oil industries are as high as 50 percent.Other taxes include a fuel tax and a consumption tax.The overall tax burden equals 6 percent of total domestic income.On the darker side of the economy there is large population of poor people. Two-Thirds of its residents live in slums, where the houses have no electricity, running water or sanitation.