An image stabilization apparatus wherein a detection unit detects camera shake in first and second directions that are not parallel to each other and a calculation unit calculates first and second correction amounts for correcting the camera shake in the first and second directions, respectively, based on outputs from the detection unit. A control unit controls correction characteristics of the calculation unit so as to restrain correction of a movement corresponding to a panning operation in the first and second directions as the first and second correction amounts becomes larger, controls the correction characteristics of the second correction amount based on the first correction amount and controls the correction characteristics of the first correction amount based on the second correction amount and a correction unit corrects the camera shake based on the calculated correction amounts.