Disclosed is a method and apparatus for displaying information in a mobile communication terminal using Bluetooth, and more particularly, a method for displaying information about each device to identify the device when searching for devices currently available for Bluetooth communication. The method includes checking whether a content information displaying function is set in a Bluetooth mode of the mobile communication terminal, and acquiring and displaying setting information and content information about devices currently available for Bluetooth communication. The method can discover and identify a device having the desired content by displaying content information about each device when searching for devices capable of performing Bluetooth communication for sharing or exchange of content.