A ceramic electronic component includes a ceramic body including an internal electrode therein and at least two external electrodes provided on an outer surface of the ceramic body. The external electrode includes an underlying electrode layer provided on the outer surface of the ceramic body, a first Ni plated layer provided on an outer side of the underlying electrode layer, and a second Ni plated layer provided on an outer side of the first Ni plated layer. Ni oxide is present between the first Ni plated layer and the second Ni plated layer.