Abstract: An air-fuel ratio control system for an internal combustion engine having an O.sub.2 -sensor for detecting the concentration of oxygen of exhaust gases passing through the exhaust passage, an electromagnetic valve for correcting the air-fuel ratio of the air-fuel mixture supplied by a carburetor, a feedback control circuit comprising a judging circuit for judging an output signal of the O.sub.2 -sensor and a driving circuit for driving the electromagnetic valve in dependency on an output signal of the judging circuit for controlling the air-fuel ratio to a value approximately to the stoichiometric air-fuel ratio. A Maximum and minimum value hold circuits respectively hold a maximum and a minimum value in one cycle of output variation of the detector. A first comparator compares the outputs of both hold circuits. A second comparator compares the output of the O.sub.2 -sensor with a predetermined level. A gate circuit is responsive to the output signals of the comparators for producing gate control signals.