AC impedance spectroscopy has been performed on 40 mol% gadolinia-doped ceria electrodes on yttria stabilized zirconia (YSZ) at 700-950°C in reducing CO/CO 2 atmospheres. Area-specific-resistance (ASR) values for this electrode were in the range of 0.8-37 Ω-cm 2 , about two orders of magnitude lower than measurements on Pt electrodes and slightly lower than data on Ni-YSZ electrodes in the literature under similar temperature and partial pressure of oxygen (P O 2 ) conditions. A continuum-based model of this electrode is described and an analysis performed to extract the vacancy diffusion coefficient (D v ) and surface exchange rate coefficient (R 0 ) as a function of temperature and P O 2 , from the impedance results. The D v data agree reasonably well with published measurements of the tracer diffusion coefficient (D ⁎ ) based on isotope profiling by secondary ion mass spectroscopy (SIMS) and conductivity measurements on 40 mol% GDC. The R 0 values are a factor of 3 lower than the published measurements of the surface reaction rate (k) obtained from isothermal thermogravimetric relaxation, and decrease with increasing P O 2 . Values of the thermodynamic factor (A) calculated from the fitted model parameters matched well with those calculated from oxygen nonstoichiometry data in the literature. Published by Elsevier B.V.