A multilayer coil component includes a multilayer body including insulating layers and having a first end face and a second end face, a first main surface and a second main surface, and a first side surface and a second side surface; a coil provided inside the multilayer body; a first outer electrode spreading from part of the first end face over part of the first main surface; and a second outer electrode spreading from part of the second end face over part of the first main surface. The laminating direction of the insulating layers and a direction of a coil axis of the coil are parallel to the first main surface as a mount surface. The coil has a length in a length direction from 85% to 94% of the length of the multilayer body in the length direction.