A controller, for a supercharger-equipped internal combustion engine, that can improve the feedback response of compressor driving force is provided. In a controller, inertial force produced by an inertial moment of a supercharger is calculated, based on a real rotation speed of the supercharger; then, driving force feedback control is implemented in which a gate valve control value, which is a control value for a gate valve actuator, is changed so that an addition value obtained by adding the inertial force to the real compressor driving force approaches a target compressor driving force.