Minalabac has the same economy as Libmanan, Cabusao, San Fernando, Milaor, Ocampo, Nabua, and Calabanga because of fishing in coastal barangays near Ragay Gulf particularly Salingogon, and Bagolatao.

Minalabac has several beach resorts that also boosts the economy of the town.

Majority of the land is devoted to rice, vegetables and other root crops.

Jeepneys are used for transportation from Naga City to Minalabac (Vice Versa), and from LCC Terminal in Sabang, Naga City to the market of Minalabac.

The growing number of resorts offers amenities such as cottages, videoke, rest house, etc.