The present invention provides a Fe--B--Si system amorphous alloy thin strip excellent in high magnetic flux density, thermal stability, amorphous formability improved workability and low core loss. The present invention further provides a Fe--B--Si system amorphous alloy thin strip which has the reduced cost without using high purity iron resources such as an electrolytic iron as iron resources used in an amorphous alloy thin strip, and also has core loss less than 0.10 W/kg at W.sub.13/50 in soft magnetic property in alternating-current field. The Fe--B--Si system amorphous alloy thin strip according to the present invention contains an appropriate amounts of N, C, P to improve thermal stability, amorphous formability, workability (brittleness), and core loss without deteriolating magnetic flux density, and contains, in atomic %, B: 5-25%, Si: 1-30%, N: 0.001-0.2%, C: 0.003-10%, P: 0.001-0.2% and the balance being Fe and unavoidable impurities, and optionally contains Co or Ni substituted to less than 15% of the Fe amount, or Cr at less than 5% substituted to the Fe amount. Further, Mn: 0.15-0.5 mass %, S: 0.004-0.05 mass % can be included.