There are provided a conductive paste for an external electrode, a multilayered ceramic electronic component using the same, and a fabrication method thereof. The conductive paste for external electrode includes: a conductive metal; and a conductive amorphous metal including a (Cu, Ni)-bZr-c(Al, Sn) that satisfies conditions of a+b+c=100, 20≦a≦60, 20≦b≦60, and 2≦c≦25. A degradation of connectivity between external electrodes and internal electrodes and defective plating due to a glass detachment may be solved.