<p>The present invention relates to a multi-layered ceramic electronic part and a method for manufacturing the same. Provided is a multi-layered ceramic electronic part comprising a ceramic body including a dielectric layer; a first and a second inner electrode arranged to face each other while having the dielectric layer placed in-between, in the ceramic body; a first outer electrode electrically connected to the first inner electrode and a second outer electrode electrically connected to the second inner electrode, wherein the first and the second outer electrodes comprise a conductive metal and glass, and additionally comprise a second phase material occupying 1-80% of the area compared to the area of the glass in the first and second outer electrodes.</p>
