The invention discloses a movable-type static synchronous compensator with a compact structure design. The compensator has high compensation capacity and rapid adjusting speed and compact structure, is convenient for transportation, and can be rapidly transferred, installed and put into operation at the urgent place needs reactive power support, thus the planning, the arrangement and the operation of a dynamic reactive power compensation device of a power grid are more flexible and effective. The movable-type static synchronous compensator comprises three functional module containers with the same structure, an auxiliary equipment container and a movable base, wherein, the functional module container comprises a single-phase converter chain and a converter chain arrester; the auxiliary equipment container comprises a control protective system, a water-cooling system and a three-phase starting loop; and the movable base comprises a connection reactor, a main breaker, an isolation switch and an earthed switch. The compensator provided by the invention has the obvious advantages of rapid response speed, wide adjustment application, low harmonic output content, adoption of compact design, mobility, less occupation area and the like.