A zoom lens substantially consists of, in order from the object side, a positive first lens group, a negative second lens group, a positive third lens group, a positive fourth lens group, and a negative fifth lens group. When varying magnification, the distances between adjacent lens groups) are changed, while all of the lens groups are moved with respect to an image formation position. When focusing, only the fifth lens group is shifted, and the third lens group has a third-a lens group having positive refractive power and a third-b lens group having negative refractive power, which are arranged in this order from the object side, only the third-b lens group is moved in a direction perpendicular to the optical axis to achieve camera shake correction.