The invention relates to a clearance compensation type annular oil groove sliding shoe for a plunger hydraulic pump. The clearance compensation type annular oil groove sliding shoe comprises a sliding shoe body, one end of the sliding shoe body is provided with a ball socket trapezoidal groove and a sliding shoe ball socket, and the other end of the sliding shoe body is provided with an end face which is in contact with an oblique plate. A concave annular groove with a damping hole is formed in the middle of the end face, two communicated oil channels which are perpendicular to each other and are crossed are formed in the sliding shoe body, and the communicated oil channels are vertically communicated with the damping hole. Four auxiliary supporting cavities are evenly distributed around the concave annular groove in the end face, each auxiliary supporting cavity is provided with a damping hole which is vertically communicated with the communicated oil channels, one ends of the communicated oil channels are communicated with the auxiliary supporting cavities, and the other ends of the communicated oil channels are matched with screw plugs to form sealing assemblies. In the working process, oil liquid is led into the communicated oil channels through the damping holes, and at last flows into the concave groove and the auxiliary supporting cavities to form auxiliary static pressure bearing. The clearance compensation type annular oil groove sliding shoe can achieve automatic compensation of the sealing clearance between a sliding shoe pair, reduces the friction force of the sliding shoe and the oblique plate, and is convenient to machine and high in practicability.