A laminated inductor includes a laminate constituted by multiple magnetic material layers, and coil conductors formed in a spiral pattern in the laminate. The magnetic material layers are layers of a magnetic material having multiple metal grains constituted by a Fe—Si-M soft magnetic alloy and oxide film formed on the surface of the metal grains. The magnetic material has bonding portions where adjacent metal grains are bonded via the oxide film formed on the respective surfaces of the adjacent metal grains as well as bonding portions of metal grains bonding to each other in areas where no oxide film is present, and at least some of the voids generated by agglomeration of the metal grains are filled with a resin material.