A photographing optical lens assembly comprising five lens elements (E1, E2, E3, E4, E5), the five lens elements (E1, E2, E3, E4, E5) being, in order from an object side to an image side along an optical path, a first lens element, a second lens element, a third lens element, a fourth lens element and a fifth lens element, and a total number of lens elements of the photographing optical lens assembly is five; wherein the first lens element has positive refractive power, and the second lens element has negative refractive power; characterized in that an Abbe number of the second lens element is V2, an Abbe number of the third lens element is V3, an Abbe number of the fourth lens element is V4, a sum of central thicknesses of all lens elements (E1, E2, E3, E4, E5) of the photographing optical lens assembly is ΣCT, a sum of axial distances between each of all adjacent lens elements of the photographing optical lens assembly is ΣAT, a central thickness of the first lens element is CT1, a central thickness of the second lens element is CT2, a central thickness of the fourth lens element is CT4, a central thickness of the fifth lens element is CT5, an axial distance between an object-side surface of the first lens element and an image-side surface of the fifth lens element is TD, an axial distance between the image-side surface of the fifth lens element and an image surface is BL, an axial distance between the object-side surface of the first lens element and the image surface is TL, a maximum image height of the photographing optical lens assembly is ImgH, an axial distance between the third lens element and the fourth lens element is T34, and the following conditions are satisfied: 30 < V 2 + V 3 + V 4 < 93; 0.5 < ΣCT / ΣAT < 2.5; 1.8 < CT 1 + CT 2 / CT 4 + CT 5 < 5.0; 0.1 < TD / BL < 1.1; 1.0 < TL / ImgH < 4.2; and 0.01 < CT 4 / T 34 < 4.0. wherein the first lens element has positive refractive power, and the second lens element has negative refractive power; characterized in that an Abbe number of the second lens element is V2, an Abbe number of the third lens element is V3, an Abbe number of the fourth lens element is V4, a sum of central thicknesses of all lens elements (E1, E2, E3, E4, E5) of the photographing optical lens assembly is ΣCT, a sum of axial distances between each of all adjacent lens elements of the photographing optical lens assembly is ΣAT, a central thickness of the first lens element is CT1, a central thickness of the second lens element is CT2, a central thickness of the fourth lens element is CT4, a central thickness of the fifth lens element is CT5, an axial distance between an object-side surface of the first lens element and an image-side surface of the fifth lens element is TD, an axial distance between the image-side surface of the fifth lens element and an image surface is BL, an axial distance between the object-side surface of the first lens element and the image surface is TL, a maximum image height of the photographing optical lens assembly is ImgH, an axial distance between the third lens element and the fourth lens element is T34, and the following conditions are satisfied: 30 < V 2 + V 3 + V 4 < 93; 0.5 < ΣCT / ΣAT < 2.5; 1.8 < CT 1 + CT 2 / CT 4 + CT 5 < 5.0; 0.1 < TD / BL < 1.1; 1.0 < TL / ImgH < 4.2; and 0.01 < CT 4 / T 34 < 4.0.