A zoom lens includes a first lens unit, a second lens unit, a third lens unit, a fourth lens unit and a fifth lens unit. In the zoom lens, air intervals L2w, L3w between the second lens unit and the third lens unit and between the third lens unit and the fourth lens unit at a wide-angle end, a focal length f1 of the first lens unit, a combined focal length f23w of the second lens unit and the third lens unit at the wide-angle end, a focal length fw of the whole system at the wide-angle end, a zoom ratio Z, and a smallest value L2z1a of the air interval between the second lens unit and the third lens unit in a wide angle zoom range in which a magnification-varying ratio relative to that at the wide-angle end ranges from Z0.02 to Z0.35 are appropriately set.