There is provided a process for producing an alicyclic diketone compound represented by the formula (1) ##STR1## wherein X is a single bond, --CH.sub.2 --, --C(CH.sub.3).sub.2 --, --O-- or --SO.sub.2 --, R.sup.1 and R.sup.2 each represents an alkyl group having 1 to 6 carbon atoms, m and n are 0 to 2, comprising dehydrogenating an alicyclic diol compound represented by the formula (2) ##STR2## wherein X, R.sup.1, R.sup.2, m and n are as defined above in a liquid phase in the presence of at least one member selected from the group consisting of copper type catalysts and Raney type catalysts.