The decay rate of the electroweak (EW) vacuum is calculated in the framework of the standard model (SM) of particle physics, using the recent progresses in the understanding of the decay rate of metastable vacuum in gauge theories. We give a manifestly gauge-invariant expression of the decay rate. We also perform a detailed numerical calculation of the decay rate. With the best-fit values of the SM parameters, we find that the decay rate of the EW vacuum per unit volume is about 10 −554 Gyr −1 Gpc −3 ; with the uncertainty in the top mass, the decay rate is estimated as 10Introduction: It is highly non-trivial whether the vacuum we are living in, which we call electroweak (EW) vacuum, is absolutely stable or not. If there exists a vacuum which has lower energy density than that of the EW vacuum, which is the case in a large class of particle-physics models, the EW vacuum decays via the quantum tunneling effect. If the decay rate is too large, the universe should have been experienced a phase transition before the present epoch, with which the universe would show completely different aspects than the present one. From the particle-physics and cosmology points of view, the stability of the EW vacuum is of particular interest to have deep insight into particle-physics models and the nature of the universe. Even in the standard model (SM) of particle physics, which is extremely successful to explain particle interactions, the EW vacuum may be metastable [1][2][3][4][5][6][7]. In particular, the discovery of the Higgs boson by the LHC experiments [8,9] shed light on the stability of the EW vacuum. The observed value of the Higgs mass suggests that the Higgs quartic coupling becomes negative via the renormalization group (RG) effects at energy scale much higher than the EW scale. This fact implies that the Higgs potential becomes negative and that the EW vacuum is not absolutely stable if the SM is valid up to a scale much higher than the EW scale.The decay rate of the EW vacuum has been estimated in the past, mostly using the method given in [10][11][12]. The decay rate of the metastable vacuum (i.e., false vacuum) per unit volume, which we call γ, is given in the following form: