The invention provides dielectric compositions and methods of forming the same. The dielectric compositions may be used to form dielectric layers in electronic devices such as multilayer ceramic capacitors (MLCCs) and, in particular, MLCCs which include base metal electrodes. The dielectric compositions include a barium titanate-based material and several dopants. The type and concentration of each dopant is selected to provide the dielectric composition with desirable electrical properties including a stable capacitance over a temperature range, a low dissipation factor, and a high capacitance. Preferably, MLCCs including dielectric layers formed with the composition satisfy X7R and/or X5R requirements.