A variable gain amplifier includes an input transistor, an auxiliary transistor, an active inductor and an input current replica circuit. The input transistor is arranged for receiving an input signal to generate an output signal at an output terminal. The auxiliary transistor is coupled to the output terminal of the input transistor, wherein a current of the output terminal flows into the input transistor and the auxiliary transistor. The active inductor is coupled to the output terminal of the input transistor. The input current replica circuit is coupled to the output terminal of the input transistor, wherein a current flowing through a portion of the input current replica circuit is equal to the current flowing through the input transistor, and both a current of the active inductor and the current of the portion of the input current replica circuit flow into the output terminal of the input transistor.