Sweimeh's economy is based on agriculture, alongside small projects of trading and tourism. The level of employment is low.[3] In recent years, a seaside resort with hotels, bars, clubs, restaurants, and shopping was built at the northern tip of the Dead Sea near Sweimeh. It is also the site of the King Hussein Bin Talal Convention Center.
During the Iron Age, Sweimeh was the site of an Israelite town known as Beth-jeshimoth (Hebrew: בֵּית הַיְשִׁמוֹת, romanized: Beit ha-Yeshimot).[4][5] It is mentioned in four verses of the Hebrew Bible: Numbers 33:49, Joshua 12:3; 13:20, and Ezekiel 25:9. According to the Book of Numbers, the Israelites encamped in Beth-jeshimoth during their wilderness journeys. In the Book of Joshua, it is mentioned as part of the land allocated to the Tribe of Reuben. Ezekiel lists it as one of three cities which constitute "the glory of the country" of Moab, in a passage in which God promises to punish Moab.