Compostela Valley is classified as a first class province with an actual income of P697,328,056 in 2006. Agriculture is the major economy of the province with about 30.70 percent of its land area devoted to agricultural activities.
The major crops are rice, corn, vegetables, and root crops. The industrial crops include coconut, coffee, banana and minor crops that include abaca, cacao, and fruits. It has a robust livestock and poultry industry mostly cattle, carabao, hogs, chicken, goat, turkey, geese, and ducks.
The coastal municipalities of Maco, Mabini, and Pantukan are the entrees for a flourishing aquaculture and fishery industries.
Compostela has a rich mineral resource base. Its chief mineral product is gold. Also found in huge commercial quantity are copper, silver, silica, chromite, and sand and gravel.