There is provided a multilayer ceramic electronic component, including: a multilayer body having a dielectric layer; and a plurality of internal electrode layers provided in the multilayer body, and having ends exposed to at least one face of the multilayer body, wherein, a ratio of T2 to T1 (T2/T1) ranges from 0.70 to 0.95, when T1 represents a thickness of a capacity formation portion formed by overlapping the plurality of internal electrode layers and T2 represents a distance between ends of outermost internal electrodes arranged on one face of the multilayer body to which the ends of the internal electrodes are exposed, and a thickness D1 of the multilayer body, in which the capacity formation portion is formed, is greater than a thickness D2 of a first side of the multilayer body to which the ends of the internal electrodes are exposed.