A coil component 1 includes a base body 10 having a mounting surface 10b, a coil conductor 25 wound around a coil axis X through a plurality of layers in the base body 10, where the coil conductor 25 has a first end 25a and a second end 25b, external electrodes 21 and 22 provided on the mounting surface 10b, a lead-out conductor 26 connecting the first end 25a of the coil conductor 25 and the external electrode 21, and a lead-out conductor 27 connecting the second end 25b of the coil conductor 25 and the external electrode 22. At least a portion of the lead-out conductor 26 is positioned within a first region R1 inside the coil conductor 25 in a radial direction when seen in a direction of the coil axis X.