Oil reserves in Italy
Italy: Oil reserves was 79.17 million cubic meters in 2021. ▼ Falling
Oil reserves in Italy, 1980–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
Italy recorded 79.17 million cubic meters for oil reserves in 2021.
The figure is down 3.9% on the previous year and up 4.5% over ten years.
Over the whole period, oil reserves in Italy peaked at 127.19 million cubic meters in 1984 and was at its lowest, 64.63 million cubic meters, in 2008.
Italy ranks 47th of 215 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 113.72 million cubic meters | 99.37 million cubic meters | 127.19 million cubic meters | 10 |
| 1990s | 107.43 million cubic meters | 98.65 million cubic meters | 118.76 million cubic meters | 10 |
| 2000s | 91.66 million cubic meters | 64.63 million cubic meters | 98.85 million cubic meters | 10 |
| 2010s | 82.80 million cubic meters | 67.36 million cubic meters | 92.09 million cubic meters | 10 |
| 2020s | 80.75 million cubic meters | 79.17 million cubic meters | 82.34 million cubic meters | 2 |
Countries ranked near Italy
More energy & mining data for Italy
- Fuel imports 12.7% (2024)
- Ores and metals imports 4.7% (2024)
- Ores and metals exports 2.4% (2024)
- Gas production 32.64 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 551.92 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 32.64 terawatt-hours (2025)
- Gas production per person 551.92 kilowatt-hours per person (2025)
- Fuel exports 3.1% (2024)
- Electric power transmission and distribution losses 7.1% (2024)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 49.0% (2023)
Frequently asked questions
- What is oil reserves in Italy?
- Oil reserves in Italy was 79.17 million cubic meters in 2021, according to U.S. Energy Information Administration (2022) – with major processing by Our World in Data.
- What is the highest oil reserves recorded in Italy?
- The highest recorded value was 127.19 million cubic meters in 1984.
- What is the lowest oil reserves recorded in Italy?
- The lowest recorded value was 64.63 million cubic meters in 2008.
- How does Italy rank for oil reserves?
- Italy ranks 47th out of 215 countries with data for 2021.
- Is oil reserves rising or falling in Italy?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is falling.
- Where does this Italy data come from?
- The figures come from U.S. Energy Information Administration (2022) – with major processing by Our World in Data, published as part of Oil reserves. Statizoid updates them automatically from the source API.
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CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Proved reserves, measured in cubic meters, are generally those quantities that can be recovered in the future from known reservoirs under existing economic and operating conditions, according to geological and engineering information. Includes crude oil and lease condensate.