Abstract: An aspect of the present invention relates to a magnetic tape comprising a magnetic layer containing a hexagonal ferrite magnetic powder and a binder on a nonmagnetic support, wherein a standard deviation ?Hk of a magnetic anisotropy constant Hk of the magnetic layer is equal to or less than 30%, and a magnetic interaction ?M as calculated by equation (1) below falls within a range of ?0.20??M??0.03: ?M=(Id(H)+2Ir(H)?Ir(?))/Ir(?) . . . (1) wherein Id(H) denotes a residual magnetization measured with DC demagnetization, Ir(H) denotes a residual magnetization measured with AC demagnetization, and Ir(?) denotes a residual magnetization measured at an applied magnetic field of 796 kA/m.