A multilayer capacitor includes a capacitor body having rectangular first and second main faces opposing each other, first and second end faces extending in a shorter side direction of the first and second main faces so as to connect the first and second main faces to each other, and first and second side faces extending in a longer side direction of the first and second main faces so as to connect the first and second main faces to each other. First and second terminal electrodes are arranged on the first and second side faces of the capacitor body, respectively. A first inner electrode connected to the first terminal electrode, a second inner electrode connected to the second terminal electrode, and first and second intermediate electrodes connected to none of the first and second terminal electrodes are arranged within the capacitor body. The first intermediate electrode and first inner electrode form a combined capacitance different from that formed by the second intermediate electrode and second inner electrode.