In an insulated wire for electromagnetic forming, both of insulation performance and thinning of an insulating member that covers a wire of a coil are realized. A manufacturing method of the insulated wire for electromagnetic forming includes: winding an insulating tape around a wire to insulate the wire by multiple layers of the insulating tape; and winding the insulated wire to form a coil for electromagnetic forming. The insulating tape is wound such that ends of the adjacent insulating tapes on a wire side in a tape width direction do not overlap each other.