A multilayer electronic component comprises an inner multilayer portion and a pair of outer multilayer portions. The inner multilayer portion includes a plurality of first ceramic layers and a plurality of internal circuit element conductors which are alternately laminated and contain a glass component. A component amount ratio of an amount of the glass component in the second ceramic layers to an amount of a principal component of the second ceramic layers is larger than a component amount ratio of an amount of the glass component in the first ceramic layers to an amount of a principal component of the first ceramic layers.