The invention relates to a rare-earth perovskite type catalyst for treating industrial waste gas as well as a preparation method and application thereof, which belong to the fields of a treating technology of atmospheric pollution and an environment-friendly catalyzing material. According to the catalyst, rare-earth perovskite type oxide ABO3 is used as an active component, an adopted vector is ahome-made cordierite vector or a vector of a natural inorganic material, the mass of the vector is used as a reference, and the mass percent content of the loading quantity of the active component is5 to 20 percent. In the active component of the rare-earth perovskite type oxide ABO3, A bit elements are La and M, B bit elements are Co and N, and the general formula is LaxM1-xCoyN1-yO3 (M=Ba and Ca; N=Mn, Fe and Ni), wherein x is not smaller than 0.1 and not greater than 1, and y is not smaller than 0.1 and not greater than 1; and moreover, the mol ratio of the A bit elements of the La and the M is x:1-x, and the mol ratio of the B bit elements of the Co and the N is y:1-y. The catalyst is used for the processing of chemical engineering, electronics, medicine, paint and new materials and the catalytic treating of industrial waste gas discharged in the production process of the automobile industry.