An electrolytic capacitor includes an anode body, a dielectric layer formed on the anode body, and a solid electrolyte layer covering at least a portion of the dielectric layer. The solid electrolyte layer includes a π-conjugated conductive polymer, a high-molecular-weight dopant having an acid group, and a water-soluble polymer. The water-soluble polymer is a copolymer including a hydrophilic monomer unit having a hydrophilic group. The hydrophilic group is at least one group selected from the group consisting of a carboxyl group, an acid anhydride group, a phenolic hydroxyl group, and a C2-3 alkylene oxide group.