Global diamond reserves 2010-2023

Published by
Madhumitha Jaganmohan,
May 8, 2024

As of 2023, the total global reserves of industrial diamonds amounted to an estimated 1.7 billion carats. At that point, Russia's diamond reserves were estimated to be approximately 860 million carats. Thus, the Russian diamond reserves are the largest worldwide. Almost half of the world’s mined diamonds are used for industrial purposes as rough diamonds. Industrial diamonds can be used in cutting, drilling, grinding, and polishing.

Diamond reserves worldwide from 2010 to 2023 (in million carats)

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Release date

January 2024

Region

Worldwide

Survey time period

2010 to 2023

Supplementary notes

Industrial diamonds.
This statistic was assembled using several editions of the report.

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