Provided is a ferritic stainless steel for heat pipes of high-temperature exhaust heat recovery systems, which comprises, in terms of % by mass, from 16 to 32% of Cr, at most 0.03% of C, at most 0.03% of N, at most 3% of Si, at most 2% of Mn, at most 0.008% of S, from 0 to 0.3% of Al, and at least one of at most 0.7% of Nb, at most 0.3% of Ti, at most 0.5% of Zr and at most 1% of V, and optionally at least one of at most 3% of Mo, at most 3% of W, at most 3% of Cu, at most 0.1% of Y, at most 0.1% of REM (rare earth metal) and at most 0.01% of Ca, with a balance of Fe and inevitable impurities, and which satisfies at least the following formula (1), formula (2) and formula (5):
Cr+3(Mo+Cu)≧20 (1)
Cr+3(Si+Mn+Al−Ti)≧20 (2)
0.037{(C+N)/(V+Ti+0.5Nb+0.5Zr)}+0.001≦0.01 (5).