Provided is an electrolytic capacitor that can reliably exhibit redox capacity due to a conductive polymer layer of a cathode. The electrolytic capacitor includes: a cathode having a conductive substrate and a conductive polymer layer placed on the surface of the conductive substrate; an anode having a substrate composed of a valve metal and a dielectric layer composed of an oxide of the valve metal that is placed on the surface of the substrate, the anode being disposed such that the dielectric layer and the conductive polymer layer of the cathode are opposed to each other across a space; and an ion conductive electrolyte with which the space is filled, the conductive polymer layer of the cathode that is in contact with the ion conductive electrolyte exhibiting a redox capacity due to application of a voltage between the anode and the cathode, wherein the contact resistance between the conductive substrate and the conductive polymer layer in the cathode is 1 Ωcm2 or less.