Italy: Oil reserves

* indicates monthly or quarterly data series
 Italy

Oil reserves, billion barrels

 Latest value 0.50
 Year 2021
 Measure billion barrels
 Data availability 1980 - 2021
 Average 0.62
 Min - Max 0.41 - 0.80
 Source The U.S. Energy Information Administration
The latest value from 2021 is 0.5 billion barrels, a decline from 0.52 billion barrels in 2020. In comparison, the world average is 9.09 billion barrels, based on data from 187 countries. Historically, the average for Italy from 1980 to 2021 is 0.62 billion barrels. The minimum value, 0.41 billion barrels, was reached in 2008 while the maximum of 0.8 billion barrels was recorded in 1984. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Italy - Oil reserves - Recent values chart

Historical series
Italy - Oil reserves - historical chart - 1980-2021




Definition: Proved reserves of crude oil are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Oil reserves 0.50 2021 billion barrels
 Oil production 81.06 2023 thousand Barrels Per Day
 Oil consumption 1,266.00 2014 thousand barrels per day
 Diesel and heating oil consumption 548.62 2023 thousand barrels per day
 Gasoline production 343.49 2014 thousand barrels per day
 Gasoline consumption 188.96 2023 thousand barrels per day
 LPG production 51.74 2014 thousand barrels per day
 LPG consumption 106.94 2023 thousand barrels per day
 Jet fuel production 46.49 2014 thousand barrels per day
 Jet fuel consumption 98.05 2023 thousand barrels per day
 Coal reserves 672.41 2022 million short tons
 Coal production 0.00 2022 thousand short tons
 Coal consumption 12,723.64 2022 thousand short tons
 Coal imports 13,536.26 2022 thousand short tons
 Coal exports 20.16 2022 thousand short tons
 Electricity production capacity 123.33 2022 million kilowatts
 Electricity production 274.16 2022 billion kilowatthours
 Electricity consumption 298.32 2022 billion kilowatthours
 Electricity imports 47.40 2022 billion kilowatthours
 Electricity exports 4.42 2022 billion kilowatthours
 Renewable power capacity 56.61 2022 million kilowatts
 Renewable power generation 100.31 2022 billion kilowatthours
This site uses cookies.
Learn more here


OK