Laguna enjoys both agricultural and industrial economic success. Its rich natural resources enable the province to maintain a flourishing agri-based economy while enjoying industrial economic success at the same time. Big companies engaged in light to medium industries such as electronics and food processing contribute to Laguna's economic success. Small and medium-scale industries such as woodcrafts, basketry, and papier-maché are also economic players.

Based on monitoring by the national government, Laguna is among the country's top growth areas in terms of the number of investment projects and employment generation.

As of 1995, Laguna's government-preferred investments (as registered with the Board of Investments or BOI) and given various fiscal and nonfiscal incentives amounted to about P37 billion or US $1.4 billion. For 1995 alone, approximately P6 billion of US $227 thousand worth of investments were approved.

Laguna also boasts of a burgeoning export sector. In 1995, it exported approximately US $ 548.5 million worth of world-standard goods.