A multilayer ceramic electronic component includes a first external electrode and a second external electrode. The first external electrode includes a first extension portion that extends to a third side surface. The second external electrode includes a second extension portion that extends to the third side surface. When the third side surface is viewed from a direction in which the third side surface and a fourth side surface are opposed, the first extension portion and the second extension portion each include a base portion extending along an edge of the third side surface in a first direction, and protrusion portions extending from both ends of the base portion in the first direction along edges of the third side surface in the direction in which a first side surface and a second side surface are opposed.