Magnetic recording medium having characterized magnetic layer

A magnetic recording medium comprising:

• a non-magnetic support;
• and
• a magnetic layer which is provided on the support and contains ferromagnetic powder and a binder,
• wherein the ferromagnetic powder is ferromagnetic hexagonal ferrite powder,
• the magnetic layer contains an abrasive,
• an intensity ratio (Int (110)/Int (114)) of a peak intensity Int (110) of a diffraction peak of (110) plane of a crystal structure of the hexagonal ferrite, determined by performing X-ray diffraction analysis on the magnetic layer by using an In-Plane method, to a peak intensity Int (114) of a diffraction peak of (114) plane of the crystal structure is equal to or higher than 0.5 and equal to or lower than 4.0,
• a squareness ratio of the magnetic recording medium in a vertical direction is equal to or higher than 0.65 and equal to or lower than 1.00, and
• a logarithmic decrement obtained by performing a pendulum viscoelasticity test on a surface of the magnetic layer is equal to or lower than 0.050.