The invention discloses inorganic external wall coating. The inorganic out-wall coating comprises, by weight, 80-100 parts of potash water glass, 40-60 parts of talcum powder, 20-30 parts of kaolin, 10-20 parts of light calcium carbonate, 1-3 parts of sodium hexametaphosphate, 2-5 parts of sodium silicate, 1-3 parts of hydroxyethyl cellulose, 2-5 parts of sodium alkyl sulfate, 2-5 parts of bentonite, and 80-120 parts of water. Compared with the prior art, the inorganic external wall coating has the advantages of water, acid and alkali resistance, high-temperature resistance, ageing resistance, high surface rigidity, low film forming temperature, high suitability for external walls of buildings, and non-toxic, odourlessness and no pollution to the environment by taking water as dispersion medium.