An exhaust system of the internal combustion engine comprises upstream main paths for cylinders that are attached to a side of a cylinder head and extend towards a side of the engine, and are connected to the respective cylinders; a downstream main path in which the upstream main paths join so as to become one flow path; a main catalytic converter provided on the downstream main path; bypasses that are split from the upstream main paths or the downstream main path; a bypass catalytic converter that is provided on the bypass; and flow path switching valves that open and close the upstream main paths so that exhaust discharged from the cylinders flows into the bypass. The bypass catalytic converter is provided below the upstream main paths.