In the past, Aguadilla's economy relied mostly on commercial fishing. On a 2012 article by El Nuevo Día, several fishermen criticized the way the mayor Carlos Méndez Martínez has handled the business, and commented that he wanted to "bury the fishing business". Other fishermen said that the mayor had "abandoned" them.
Although there is still commercial fishing in Aguadilla, the economy has now shifted towards the industrial sector. The city is currently home to a variety of industrial and pharmaceutical plants like Tyco, LifeScan, Symmetricom, Honeywell, and Hewlett Packard. Most of them are located at San Antonio Technological Park, while others like Suiza Dairy, Micron Technology and Productos La Aguadillana are located in Camaseyes Industrial Park. Other industries that are based in Aguadilla are rubber, plastics, leather, textiles, steel, wood, machinery, and food processing.
The retail sector is also another source of economy in Aguadilla. Shopping malls like Aguadilla Mall, Aguadilla Shopping Center, Aguadilla Town Center, and others are some of the main commercial and retail centers of the city.
In the fiscal year of 2010-2011, the city had an operational surplus of $346,176. This represented a dramatic decrease from the surplus the city had in 2009-2010 ($1,227,036) Also, from 2008 to 2009, there have been decreases in the city budget, federal funds, tax income, among others. Also, the public debt of the city is $74,368,454, which represents an increase from the past years.
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