As traditionally, the main source of income for the kingdom was levies on caravans the economy was heavily affected when Bombay emerged as a major port and sea trade replaced the traditional land routes. Maharawals Ranjit Singh and Bairi Sal Singh attempted to turn around the decline but the dramatic reduction in trade impoverished the kingdom. A severe drought and resulting famine from 1895 to 1900 during the reign of Maharawal Salivahan Singh only made matters worse by causing widespread loss of the livestock that the increasingly agriculturally based kingdom relied upon.
Maharawal Jawahir Singh’s (1914–49) attempts at modernization also failed to turn the kingdom’s economy around and it remained isolated and backwards compared with other areas of Rajasthan.
 The rulers of Jaisalmer belonged to the Yadava Bhati dynasty and used the title of Maharawal.
- 1722 - 1762 Akhi Singh
- 1762 - 1820 Mulraj II (b. ... - d. 1820)
- 1820 - 1846 Guj Singh (b. ... - d. 1846)
- 1846 - Jun 1864 Ranjit Singh
- 1864 - 1891 Bairi Sal (b. ... - d. 1891)
- 12 Apr 1891 - 11 Apr 1914 Shyam Singh (b. 1887 - d. 19...)
- 9 Jul 1914 - 15 Aug 1947 Jawahir Singh (b. 1882 - d. 1949)