The economy of Alabel is largely based on agriculture with a high level production of dried coconut meat. Animal husbandry is the second biggest income earner, notably cattle farming. Other agricultural products are coconuts, maize, sugarcane, bananas, pineapples, mangoes; pork, eggs, beef; fish.
The economy has accelerated in the past decade driven by advances in global communication technology and the finishing of a modern highway that tremendously improved trade and transport.
Alabel is politically subdivided into 12 barangays.