Groundwater is the water present beneath Earth's surface in rock and soil pore spaces and in the fractures of rock formations. About 30 percent of all readily available fresh water in the world is groundwater. A unit of rock or an unconsolidated deposit is called an aquifer when it can yield a usable quantity of water. The depth at which soil pore spaces or fractures and voids in rock become completely saturated with water is called the water table. Groundwater is recharged from the surface; it may discharge from the surface naturally at springs and seeps, and can form oases or wetlands. Groundwater is also often withdrawn for agricultural, municipal, and industrial use by constructing and operating extraction wells. The study of the distribution and movement of groundwater is hydrogeology, also called groundwater hydrology.

Typically, groundwater is thought of as water flowing through shallow aquifers, but, in the technical sense, it can also contain soil moisture, permafrost (frozen soil), immobile water in very low permeability bedrock, and deep geothermal or oil formation water. Groundwater is hypothesized to provide lubrication that can possibly influence the movement of faults. It is likely that much of Earth's subsurface contains some water, which may be mixed with other fluids in some instances.

Groundwater is often cheaper, more convenient and less vulnerable to pollution than surface water. Therefore, it is commonly used for public drinking water supplies. For example, groundwater provides the largest source of usable water storage in the United States, and California annually withdraws the largest amount of groundwater of all the states. Underground reservoirs contain far more water than the capacity of all surface reservoirs and lakes in the US, including the Great Lakes. Many municipal water supplies are derived solely from groundwater. Over 2 billion people rely on it as their primary water source worldwide.

Human use of groundwater causes environmental problems. For example, polluted groundwater is less visible and more difficult to clean up than pollution in rivers and lakes. Groundwater pollution most often results from improper disposal of wastes on land. Major sources include industrial and household chemicals and garbage landfills, excessive fertilizers and pesticides used in agriculture, industrial waste lagoons, tailings and process wastewater from mines, industrial fracking, oil field brine pits, leaking underground oil storage tanks and pipelines, sewage sludge and septic systems. Additionally, groundwater is susceptible to saltwater intrusion in coastal areas and can cause land subsidence when extracted unsustainably, leading to sinking cities (like Bangkok) and loss in elevation (such as the multiple meters lost in the Central Valley of California). These issues are made more complicated by sea level rise and other effects of climate change, particularly those on the water cycle. Earth's axial tilt has shifted 31 inches because of human groundwater pumping.

Groundwater is fresh water located in the subsurface pore space of soil and rocks. It is also water that is flowing within aquifers below the water table. Sometimes it is useful to make a distinction between groundwater that is closely associated with surface water, and deep groundwater in an aquifer (called "fossil water" if it infiltrated into the ground millennia ago).

Groundwater can be thought of in the same terms as surface water: inputs, outputs and storage. The natural input to groundwater is infiltration from surface water, which must then percolate downward to reach the groundwater. The natural outputs from groundwater are springs and seepage to the oceans. Groundwater storage can be much larger (in volume) compared to its inputs than surface water and have a slower turnover rate, though this depends on the features of the aquifer. This difference makes it easy for humans to use groundwater unsustainably for a long time without severe consequences. Nevertheless, over the long term the average rate of infiltration above a groundwater source plus input from streams is the upper bound for average consumption of water from that source.

Groundwater is naturally replenished by surface water from precipitation, streams, and rivers when this recharge reaches the water table.

Groundwater can be a long-term 'reservoir' of the natural water cycle (with residence times from days to millennia), as opposed to short-term water reservoirs like the atmosphere and fresh surface water (which have residence times from minutes to years). Deep groundwater (which is quite distant from the surface recharge) can take a very long time to complete its natural cycle.