Miguelturra’s economy has historically been based on agriculture, with olive oil production and wine-making playing major roles in the local industry. The fertile plains surrounding the town provide an ideal environment for the cultivation of olives, grapes, and cereals. Local vineyards produce excellent wines that are part of the broader La Mancha wine region, renowned for its quality and variety.
In recent years, the economy has diversified, with small-scale manufacturing and services industries gaining prominence. However, agriculture remains a key economic driver, and the town’s agricultural products, particularly its olive oil, are well-regarded both nationally and internationally. Local businesses are also heavily involved in artisanal crafts, particularly ceramics and textiles, which are sold in local markets and shops, attracting tourists and supporting the town’s economy.