A photoelectric conversion element includes: a first electrode having a porous oxide semiconductor layer which supports a sensitizing dye on a surface thereof and functioning as a photo electrode; a second electrode disposed so as to oppose the first electrode; an electrolyte disposed in at least a part of a space between the first electrode and the second electrode; and a sump portion for the electrolyte disposed in at least a part of the space between the first electrode and the second electrode. According to the present invention, air bubbles can be exhausted effectively from power generating area, so that a photoelectric conversion element possessing an improved power generation property and a long-term durability can be provided.