An inductor includes a body including a magnetic portion and a coil embedded in the magnetic portion and outer electrodes. The coil includes a wound portion formed by winding a conductive wire having a pair of wide surfaces in upper and lower layers and first and second lead-out portions extending from end portions of the wound portion at outermost peripheries of the upper and lower layers. One wide surface of a distal end portion of the first lead-out portion is exposed at a mounting surface of the body, a first surface adjacent to the mounting surface, and a corner portion therebetween. One wide surface of a distal end portion of the second lead-out portion is exposed at the mounting surface, a second surface adjacent to the mounting surface, and a corner portion therebetween. The outer electrodes cover the exposed wide surfaces of the first and second lead-out portions.