A multilayer capacitor comprises a multilayer body in which a plurality of dielectric layers and a plurality of first and second inner electrodes are alternately laminated, and a plurality of outer conductors (first and second terminal conductors, and first and second outer connecting conductors) formed on the multilayer body. Each of the outer conductors is formed on one of two side faces of the multilayer body opposing each other. Each of the first and second inner electrodes is electrically connected to the corresponding outer connecting conductor. At least one first inner connecting conductor and at least one second inner connecting conductor are laminated in the multilayer body. Each of the inner connecting conductors is electrically connected to the corresponding terminal and outer connecting conductors. The equivalent series resistance of the multilayer capacitor is set to a desirable value by adjusting the number or position of inner connecting conductors.