The present invention provides a light emitting diode (LED) driving circuit with low harmonic distortion. The LED driving circuit comprises: a rectifying circuit, a linear constant current circuit, a current limiting circuit, and a current limiting ramp slope determining circuit. The rectifying circuit is utilized for rectifying an alternating current (AC) power source to provide a direct current (DC) voltage output. The linear constant current circuit is utilized for driving at least an LED. The current limiting circuit is connected in parallel between the rectifying circuit and the linear constant current circuit, and utilized for generating a current limiting effect and determining a current limiting height. The current limiting ramp slope determining circuit is connected in parallel between the rectifying circuit and the linear constant current circuit and connected in series with the current limiting circuit, and utilized for determining a current limiting ramp slope.