While Teror is a small town, its economy thrives on a combination of agriculture, local craftsmanship, and tourism. Agriculture remains a vital part of the local economy, with the town producing a variety of fruits, vegetables, and flowers. Teror is particularly known for its excellent spring water, which is bottled and distributed throughout the island.
Tourism has also become an essential economic driver, with visitors flocking to Teror for its cultural festivals, religious pilgrimages, and traditional architecture. The town’s weekly market, known for its local produce, crafts, and delicacies, is a major attraction, drawing tourists and locals alike. Handcrafted items, such as embroidery, lace, and wooden crafts, are also key elements of Teror’s local economy, with many visitors purchasing these unique items as souvenirs.
The town’s peaceful setting and cultural significance make it an attractive destination for small-scale events, such as religious retreats, cultural festivals, and outdoor exhibitions, which further support the local economy.