Magnetic recording medium

A magnetic recording medium, comprising a flexible support having provided thereon, at least a lower layer comprising a binder and a non-magnetic powder component dispersed therein and an upper magnetic layer comprising a binder and an acicular ferromagnetic powder dispersed therein which is coated over the lower layer while the lower layer is in a wet state, wherein said upper magnetic layer has an average dry thickness (d) in a range of from 0.05 to 0.8 um and a thickness variation (.sup..DELTA. d) at the interface between said upper magnetic layer and lower layer of not more than d/2, and said non-magnetic powder component comprises an inorganic powder having a Mohs hardness of not less than 3 and an average particle size of not more than 1/3 the major axis length of said acicular ferromagnetic powder in the upper magnetic layer.