The invention discloses low-carbon-equivalent 1180 MPa-grade hot galvanizing dual-phase steel and a production method thereof, and belongs to the technical field of cold-rolled plate strip production.The low-carbon-equivalent 1180 MPa-grade hot galvanizing dual-phase steel comprises the following chemical components including, by mass percent, 0.05-0.14% of C, 0.05-0.40% of Si, 1.20-2.50% of Mn,less than or equal to 0.020% of P, less than or equal to 0.010% of S, 0.015-0.070% of Als, less than or equal to 0.0060% of N, 0.006-0.20% of Mo, 0.010-0.040% of Nb, 0.010-0.040% of Ti, 0.20-0.67% ofCr, larger than 0 and less than 0.005% of B, and the balance Fe and inevitable impurities. The production method comprises the processes of smelting, hot rolling, acid rolling, hot galvanizing and thelike. According to the low-carbon-equivalent 1180 MPa-grade hot galvanizing dual-phase steel and the production method thereof, the steel has excellent mechanical properties, the yield strength is 880-960 MPa, the tensile strength is 1193-1276 MPa, the elongation A80 is 6.0-10.0%, and the problem that the steel cannot meet the requirements of high strength, high yield strength and low cost at thesame time can be effectively solved.