The present invention discloses a bidirectional lossless equalization circuit of a series battery pack based on inductive energy storage, wherein, the series battery pack is divided into an upper part and a lower part, the upper half part battery is an upper battery pack, and the lower half part battery is a lower battery pack. Each battery connects an equalization branch circuit, a total equalization branch circuit bestrides and connects a power supply and the earth, and each equalization branch circuit connects a control circuit. The circuit can realize a dynamic equalization during the charge-discharge process of the battery pack, improve a non-equalization phenomenon of the series battery pack, improve an available capacity of the battery pack, reduce a repairing and replacing cycle of the series battery pack, and prolong a service life of the battery pack by controlling the on and off of an upper bridge and a low bridge MOSFET in the equalization branch circuit and the inductive energy storage. Thus, the circuit is suitable for a battery management system of an energy storage device of a hybrid electric vehicle, a pure electric vehicle, or a storage power station.