The invention discloses a system and method for judging fan tower deformation and foundation settlement, and the system acquires the temperature change data, displacement change data and strain changedata of a fan tower and a fan bottom foundation of a wind turbine generator in real time through a fiber bragg grating sensor, a fiber bragg grating wavelength demodulator is utilized to demodulate the data, and the demodulated data is then sent to a monitoring server so as to visually display the demodulated temperature change data, displacement change data and strain change data, thereby judging the deformation and foundation settlement of the fan tower. According to the invention, dynamic measurement can be realized, and the system has the advantages of strong anti-electromagnetic interference capability, good insulation, corrosion resistance, high precision, large-range measurement, high resolution, small size, light weight, strong capability of adapting to a measured environment, many measurable parameters, wide objects, strong compatibility with optical fibers, suitability for long-distance transmission, high sensitivity, and convenience for multiplexing and networking.