La Victoria de Acentejo’s economy is primarily based on agriculture, with vineyards playing a central role. The region’s fertile volcanic soil produces some of Tenerife’s finest wines, particularly the local varietals of red and white wines. Wine production and associated tourism, including wine tours and tastings, form a significant part of the local economy. In addition to vineyards, the city’s economy benefits from the cultivation of other crops like potatoes and citrus fruits.
Tourism is another vital industry, as the city’s picturesque setting, historical significance, and proximity to larger tourist destinations make it an attractive spot for visitors. Small businesses, local markets, and artisanal crafts also contribute to the economy. Visitors can find unique handmade products, from pottery to locally produced olive oils and jams, offering a taste of the island’s agricultural richness.