An indexable cutting insert (1) includes a base (8) and a coating layer, wherein the coating layer includes an inner sublayer and an outer sublayer, each of subsublayer constituting the inner sublayer is composed of a compound containing at least one element selected from the group consisting of Group IVa elements, Group Va elements, Group VIa elements in the periodic table, Al, and Si, the outer sublayer is an alumina sublayer or a sublayer containing aluminum, and in portions of the outer sublayer participating in cutting, when an average thickness on the flank face (3) side is represented by A μm and an average thickness on the rake face (2) side is represented by B μm, A/B≦0.95.