There is disclosed a magnetic recording medium comprising a support and provided thereon a plurality of layers. The layers comprise an outermost magnetic layer and a lower magnetic layer, wherein the outermost magnetic layer contains carbon black having an average primary particle size ranging from 30 m .mu. to 300 m .mu., and the lower magnetic layer contains carbon black having an average primary particle size ranging from 5 m .mu. to 30 m .mu..
