An oscillation circuit of the present invention includes: an oscillation section for which an output frequency is controlled based on a control signal depending on an ambient temperature; a temperature compensation circuit for supplying the control signal to this oscillation section; and a switching switch circuit consisting of an output buffer and a temperature sensor output switch for which ON and OFF are controlled so that any one of an oscillation output from the oscillation section and a temperature sensor output from the temperature compensation circuit is outputted. The temperature sensor output switch is structured so that transfer gate switches are connected in a two-stage serial manner and a third switch connected to a fixed potential is sandwiched between these connection points. When an oscillation output is outputted, the transfer gate switches are OFF and the third switch is ON and, when a temperature sensor output is outputted, the transfer gate switches are ON and the third switch is OFF.