The invention discloses a hot spraying rare earth aluminum alloy coating steel bar. A hot spraying manner is adopted, and the hot spraying rare earth aluminum alloy coating steel bar is prepared by spraying a rare earth aluminum alloy wire to the surface of a steel bar base body through mechanical rust removal, hot spraying, after treatment and other steps, wherein Si, Li, Ti, B, Mn, rare earth metal and the like can improve hardness, plasticity, tenacity, shielding performance and cathode protection capability of an aluminum alloy and a clad layer. A double-component waterborne polyurethane sealing agent and a finishing coat are adopted for treatment, cleanliness and environment friendliness are achieved, surface drying is rapid, and compatible bonding with concrete is easier due to the surface of the hot spraying rare earth aluminum alloy coating steel bar. According to the hot spraying rare earth aluminum alloy coating steel bar, the common technical problems that according to a current epoxy coating steel bar and a zinc-aluminum clad layer steel bar, the relative bonding strength with concrete is greatly reduced, the steel bar anchoring length is increased by 25%, anti-corrosion durability is insufficient, and notch and damaged positions are hard to repair on the site are solved, and good application prospects are achieved.