The invention discloses thermal insulation coating for waterborne acrylic finishing coat. The thermal insulation coating contains the following raw materials in parts by weight: 20-60 parts of acrylicemulsion resin, 10-15 parts of hollow glass microspheres, 10-15 parts of pigment, 10-30 parts of filler, 0.1-2 parts of wetting agent, 0.1-2 parts of antifreezing agent, 0.1-2 parts of thickening agent, 0.1-2 parts of dispersing agent, 0.1-2 parts of neutralizing agent, 0.1-2 parts of antifoaming agent, 0.1-2 parts of leveling agent, 0.1-5 parts of coalescing agent and 10-30 parts of water. The thermal insulation coating for waterborne acrylic finishing coat has smooth appearance, glass microspheres therein, good thermal conductivity isolation, flexibility, weather resistance, water resistance, easy application property, stain resistance, and bonding strength possessed by an outer wall.