The invention belongs to the technical field of supercritical carbon dioxide jet, and discloses a formation method and device of self-excited oscillation supercritical carbon dioxide jet. The device includes a carbon dioxide gas supply system, a cooling liquefaction system, a pressurization system, a temperature rise system, an experimental system, a filtering system, a recovery system and a control system, and particularly includes a high-pressure carbon dioxide cylinder, a cold bath box and an air-cooled compressor, a liquid carbon dioxide storage tank, a high-pressure plunger pump, a hot bath box, a heating buffer tank, a circulating pump, an experimental kettle, at least two desambers, purifiers and control cabinets. According to the device, supercritical carbon dioxide is prepared byusing the systems, an improved self-excited oscillation nozzle is used for producing the self-excited oscillation supercritical carbon dioxide jet, impact force of the self-excited oscillation jet is1.5-2.5 times of stagnation pressure of continuous jet, the impact damage effect of the jet can be enhanced, and the self-excited oscillation supercritical carbon dioxide jet can obtain the better rock breaking and erosion effect and has broad prospects in unconventional oil and gas development.