There are provided a dielectric composition and a preparation method thereof, the dielectric composition including: a first perovskite powder for a core represented by ABO3: and a second perovskite powder for a shell represented by ABO3, having an average particle diameter corresponding to ⅓ to 1/10 of an average particle diameter of the first perovskite powder, and included in an amount of 1 to 70 parts by weight with respect to 100 parts by weight of the first perovskite powder, wherein particles of the second perovskite powder have pores having a volume fraction of 3 to 50 vol % therein. According to the present invention, there are provided a dielectric composition having excellent dielectric characteristics and electrical characteristics, and a preparation method thereof.