The pace of economic activity isgradually returning to pre-crisis levels. After aroller-coaster of sharp drops, vigorous rebounds and mildcontractions, Gross Domestic Product (GDP) was up 4.8percent in the last quarter of 2010 on a seasonally-adjustedannualized (SAAR) basis, closer to pre-crisis, normallevels. For 2010 as a whole, GDP expanded by 7.8 percentfrom 2009. Growth was broad-based, with significantcontributions from external and domestic demands.Thailand's economy is one of the most energy intensivein the region because of the large (and growing) share ofenergy-intensive manufacturing in the economy and highproportion of cargo transported by trucks. Thailand canreduce its vulnerability to oil price shocks by raising fuelstandards, improving tax incentives for conservation andrelying more on rail for cargo transport.
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