The Forbes Capital Hospitality Index (FCHI) measures macroeconomic indicators like GDP growth and international trade, along with societal factors affecting investment, including poverty, bureaucracy, technological advancement and corruption.

The FCHI was calculated for the first time in 2006.

Armenia’s score, as well as the scores of its neighbors and other ex-soviet states are represented herein.

Scores represent a 'percent rank' whereby a score of 80 is better than 80% of countries in each of ten categories for which data is available.

2006 Rankings (full rankings: click here)