Bulgaria is 59th of 162 countries in the world in economic freedom, the annual ranking of the Heritage Foundation and the Wall Street Journal shows, as the assessment is based on 2006 data. In Europe, Bulgaria is ranked 28th among 41 countries. Hong Kong is the freest economy in the world, while North Korea is the least free. Globally Bulgaria moves from the 64th to the 59th position. The country scores highly in six categories. The strongest scores are in trade freedom, fiscal freedom, investment freedom, and financial freedom. More reforms are needed in the judicial system and the fight against corruption. The overall size of government spending is far worse than those of other countries.