A grooving insert includes a front surface and an opposite rear surface, a first side surface and an opposite second side surface, and a top surface and an opposite bottom surface. The top surface includes a top front portion and a top rear portion, the top front portion having a cutting edge arranged symmetrically relative to a first plane. The bottom surface is symmetrically arranged in relation to a second plane, the first plane and the second plane forming an angle (α) of 0.5-5.0° relative to each other.