As a consequence the principal industries are growing grain, raising cattle, and dairy farming.

Rakkestad has also developed a diversified economy based on agriculture and forestry such as poultry slaughterhouse and egg packing station, grain silo and mill, woodworking factories and agricultural machinery retailers.

Rakkestad's large areas of rolling, wooded hills offer excellent year round recreational and leisure opportunities.

Landowners, angling clubs, and others put much work into cultivating waters and lakes to ensure good fishing.

In the Rakkestad Hills a number of small lakes offer the angler to fish in sheltered solitude.

Some of the forest roads are private and one has to pay a small fee in a self-service box, normally about NOK 20.

Ytterskogen is located in the agricultural area south of Rakkestad village and halfway to Ise.

The Church is of Romanesque architecture style with rectangular ships and narrower and elongated choir.

In 2006, the government decided to make Rudskogen Motorsenter the main centre for automobile and motorcycle sport.

The aim is to develop the centre to be a flexible facility where capacity can be increased and several different activities can be conducted simultaneously.

In co-operation with Borg MC, Sarpsborg and Rakkestad municipalities Rudskogen Motorsenter will offer an environment for almost every series in automobile and motorcycle sport.