Olivia is the second studio album by the Australian singer-songwriter Olivia Newton-John, released in 1972. Two of its songs were released as singles ("What Is Life" and "My Old Man's Got a Gun"). In its initial release, it was not issued in the United States, though it was sold there as an import. A digitally remastered version was released in 1995.

The first single "What Is Life" reached #18 in Ireland, and #16 in UK. but the album itself was a commercial failure when released in the UK on Pye International in 1972, as the follow-up to 1971's If Not for You. An American release of the album never materialised. Therefore, the record label did not want to risk a release of the album in the United States on Uni Records, her US label at the time. Newton-John's subsequent release, Let Me Be There, would reach number 37 on the UK Albums Chart and earn a Gold certification.

The cover art, done in blue tint, was later used (in a blueish-green tint) as the cover of the US release of Let Me Be There on MCA Records in 1973, following the success of the hit single penned by John Rostill.

The album was first released on CD in Japan, on 7 November 1990, as part of the EMI PASTMASTERS series (Cat. no. CP21-6073). The Japanese release did not feature any of the original album artwork. The cover photo was a "live" picture taken from a 1977 live appearance in Japan. Packaging included an obi, and a white, folded insert sheet that included the lyrics for all the songs in English on one side, and in Japanese on the other. A digitally-remastered reissue of the 1972 album was released on the Festival label in 1998 (Cat. no. D34658 / D21034), complete with the original cover art. Not released in the United States, Olivia contains 14 tracks, including covers of Bread's "Everything I Own", George Harrison's "What Is Life" (US #34 Adult Contemporary, Billboard) and "Behind That Locked Door", and Merrilee Rush's "Angel of the Morning".

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