The invention relates to a voltage compensation type transformer magnetizing inrush current suppression device, which is used for suppressing a magnetizing inrush current. The device comprises an alternating-current power supply V1, an equivalent direct-current compensation voltage source Vc, a first bridge type full-wave rectifier B1 and a direct-current electric reactor L1; the first input end of the first bridge type full-wave rectifier B1 is connected with the alternating-current power supply V1, and the second input end is connected with the primary side of a main transformer T2; and theequivalent direct-current compensation voltage source Vc takes the alternating-current power supply V1 as an input, is connected in series with the direct-current electric reactor L1 and then is connected between the first output end and the second output end of the first bridge-type full-wave rectifier B1 in parallel. Compared with the prior art, the device has the advantages of no influence on asystem, no extra control circuit, voltage loss compensation, simple structure, high reliability and the like.