Rangat’s economy is fundamentally rooted in agriculture, forestry, and fishing, with a slowly growing eco-tourism sector.
* **Agriculture & Fishing:** A large portion of the population is engaged in farming (paddy, bananas, spices, areca nuts) and coastal fishing. * **Local Commerce:** The Rangat Bazaar serves as the main commercial hub for Middle Andaman, housing grocery stores, hardware shops, clothing outlets, and agricultural supply merchants. * **Financial Services:** The town is served by branches of the State Bank of India (SBI) and the Andaman & Nicobar State Cooperative Bank. * **Tourism Economy:** Small-scale businesses include local homestays, eco-resorts, and tour operators guiding visitors to nearby mangrove walkways and beaches.

