A dielectric ceramic composition of high dielectric constant and low dielectric loss, which can be co-fired with Ag electrodes, is provided for use in various parts of electric and electronic appliances. Based on a base composition with a high dielectric constant, the composition comprises glass frit and optionally CuO, as represented by the following formula: a wt. % {x CaO-y1 Sm2O3-y2 Nd2O3-w Li2O-z TiO2}+b wt. % (ZnO—B2O3—SiO2 based or Li2O—B2O3—SiO2 based glass frit)+c wt. % CuO wherein, 13.0 mol %≦x≦20.0 mol %; 10.0 mol %≦y1+y2≦17.0 mol %; 6.0 mol %≦w≦11.0 mol %; 60.0 mol %≦z≦67.0 mol % with the proviso that x+y1+y2+w+z=100; 85.0 wt. %≦a≦97.0 wt. %; 3.0 wt. %≦b≦15.0 wt. %; and c≦7.0 wt. %.