A current steering type D/A converter comprises a D/A conversion circuit having plural current sources each outputting a predetermined current, and a logic circuit for selecting desired current sources from among the plural current sources; a reference voltage generation circuit for generating a reference voltage potential that determines an output current value of the D/A conversion circuit; and a control circuit for setting the D/A conversion circuit in the ON state or OFF state by controlling switch elements which are placed between the D/A conversion circuit and the reference voltage generation circuit. Therefore, current consumption of the current steering type D/A converter can be reduced.