Disclosed are a foldable electronic device and a method for displaying a preview image of a camera in the foldable electronic device. The electronic device includes a first display, at least a portion of which is foldable, a second display, a camera, and a processor, wherein the processor is configured to control the electronic device to: identify a folding state of the first display, based on the identified folding state being a first specific state, display a first preview image generated based on image information acquired through the camera through the first display, and display a second preview image generated based on the image information through the second display, and based on the identified folding state being a second specific state, display a third preview image generated based on the image information through the second display.