Abstract: An oxygen electrode for alkaline galvanic cells. The electrode includes a talyst-containing carbon layer, a current collector, and a preferably foil-like separator for separating a liquid chamber from a gas chamber in such a way that the gas can pass to the carbon layer but the liquid cannot enter the gas chamber. The electrode has a structurally simple construction as a multi-layer, gas diffusion electrode, the current density of which, in the temperature range of between approximately 20.degree. and 80.degree. C., is approximately 350 mA/cm.sup.2 during operation with air, and greater than 1 A/cm.sup.2 during operation with oxygen. The current collector includes a metal grid which is at least partially embedded in a carbon layer. In the method of producing such an oxygen electrode, a catalyst salt solution is mixed with an aqueous activated carbon suspension and is deposited onto the activated carbon to form a catalyst dispersion.