The present invention provides a coating composition and a coated body. There is provided a coating composition that can form a coating film excellent in both weather fastness and hydrophilifiability. The coating composition includes: a Si-containing resin; photocatalyst particles; and an aqueous medium, the Si-containing resin and the photocatalyst particles being dispersed in the aqueous medium, wherein the Si-containing resin includes a polysiloxane segment, preferably exhibits at least one spectral peak at a position of 120 DEG C or more to 180 DEG C or less in a curve of loss tangent (tan[Delta]) against temperature as measured at a frequency of 1 Hz with a solid viscoelasticity measuring apparatus based on JIS K 7244-4, and has a particle diameter that is not more than 1/15 of the particle diameter of the photocatalyst particles.