The present invention relates to an AC LED driving circuit that can greatly improve flicker-free characteristics and implement an excellent power factor. The AC LED driving circuit according to the present invention includes an LED lighting unit connected to an output terminal of a power supply unit, a current channel switching unit connected to an output terminal of the LED lighting unit to form a current supply channel for the LED lighting unit, a voltage charging unit connected in parallel with a connection line between the power supply unit and the LED lighting unit and configured to charge a voltage from the power supply unit, and have a switching function for the LED lighting unit to selectively supply a charged voltage to the LED lighting unit, and a charged voltage switching control unit for controlling a switching function of the voltage charging unit.