Provided is a liquid cosmetic comprising at least an inorganic pigment, a dispersant, a film forming agent and water, wherein the dispersant is a homopolymer or a copolymer obtained by polymerizing a raw material monomer of at least one compound selected from acrylic acid, methacrylic acid or (C1 to C4 and C8) alkyl esters thereof, and the film forming agent comprises an emulsion of a homopolymer (excluding a homopolymer comprising only polystyrene) or a copolymer obtained by polymerizing a raw material monomer of at least one compound selected from acrylic acid, methacrylic acid, (C1 to C4 and C8) alkyl esters thereof or styrene.