A polymer electrolyte membrane comprising a block copolymer having one or more segments containing an ionic group (hereinafter referred to as an “ionic segment(s)”) and one or more segments containing no ionic group (hereinafter referred to as a “nonionic segment(s)”), wherein the ion exchange capacity (meq/g) of said block copolymer is more than 2.0 and less than 3.1, wherein said polymer electrolyte membrane has a co-continuous phase-separation structure, wherein the average period size (nm) of said co-continuous phase-separation structure is less than 110 nm, as observed by transmission electron microscopy, and wherein the average period size (nm) of said phase-separation structure and said ion exchange capacity (meq/g) satisfy the relation of:
- average period size (nm)/ion exchange capacity (meq/g)≥21.