For the poor real-time detection capability of the current object detection model in the production environment of electronic components, GhostNet was used to replace the backbone network of YOLOv5. And for the existence of small objects and objects with large scale changes on the surface defects of electronic components, a coordinate attention module was added to the YOLOv5 backbone network, which enhanced the sensory field while avoiding the consumption of large computational resources. The coordinate information was embedded into the channel attention to improve the object localization of the model. The feature pyramid networks (FPN) structure in the YOLOv5 feature fusion module was replaced with a weighted bi-directional feature pyramid network structure, to enhance the fusion capability of multi-scale weighted features. Experimental results on the self-made defective electronic component dataset showed that the improved GCB-YOLOv5 model achieved an average accuracy of 93% and an average detection time of 33.2 ms, which improved the average accuracy by 15.0% and the average time by 7 ms compared with the original YOLOv5 model. And the improved model can meet the requirements of both accuracy and speed of electronic component surface defect detection.