The economy of Monforte de Lemos is primarily driven by agriculture, viticulture, and tourism. The region’s vineyards are particularly renowned, as Monforte is part of the Ribeira Sacra wine region, famous for its high-quality Mencía and Godello wines. The terraced vineyards that dot the landscape not only contribute to the local economy but also attract tourists seeking wine tours and tasting experiences.
Tourism plays a growing role in the city’s economy, with visitors drawn to its rich history, beautiful architecture, and scenic landscapes. The local hospitality industry, including hotels, restaurants, and rural guesthouses, has developed to cater to both national and international tourists. The city is also home to various local crafts and artisanal products, particularly textiles and traditional Galician ceramics, which are popular among visitors.
Beyond tourism and agriculture, Monforte de Lemos also has a small but notable industrial sector, including food production and light manufacturing, which helps sustain the local economy. The city’s strategic location in Galicia, close to major transportation routes, makes it a hub for regional trade.