The invention discloses an economical high-plasticity 360MPa grade structural steel plate and a manufacturing method thereof, wherein the economical high-plasticity 360MPa grade structural steel platecomprises the following components in percentage by weight: 0.13-0.18% of C, 1.0-1.6% of Mn, 0.20-0.50% of Si, less than or equal to 0.025% of P, less than or equal to 0.010% of S, 0.020-0.050% of Ti, greater than or equal to 0.015% of Als, less than or equal to 0.005% of N and balance Fe and unavoidable impurity elements. The yield strength of the steel plate provided by the invention at a normal temperature is greater than or equal to 360MPa; the tensile strength is greater than or equal to 500MPa; the ductility is greater than or equal to 30%; the yield ratio is less than or equal to 0.80;the ballistic work at minus 20 DEG C is greater than or equal to 180J; with high strength, high plasticity, low yield ratio and excellent welding performance, the economical high-plasticity 360MPa grade structural steel plate can meet the safety demands of bridge steel well; and with low alloy content, short process flow, high production efficiency and low manufacturing cost, the economical high-plasticity 360MPa grade structural steel plate conforms to the development demands of green and economical steel ball.