The invention discloses a liquid level measurement device and method and relates to liquid level measurement. The device is provided with a light source, a three-port circulator, a spectrograph, a liquid container to be measured and a liquid level sensor. The sensor is inserted into the liquid container to be measured, the other end of the sensor is connected with a first output port of the circulator, the light source is connected with the input end of the circulator, and a second output port of the circulator is connected with the spectrograph; signal light enters the circulator and then is output through the first output port of the circulator; after the signal light reaches the sensor, interference occurs at the position of a fiber bragg grating through reflection of a silver film; reflected light re-enters the circulator through the first output port of the circulator and then is output to the spectrograph through the second output port of the circulator, and the spectrum of the output light can be obtained by measuring the spectrum of the reflected light; the relation between the height of the outside liquid level and the wavelength of interference fringes can be obtained by measuring the drifting of the wavelength of the interference fringes through the spectrograph, and liquid level height can be measured through spectrum analysis. By the adoption of the liquid level measurement device and method, continuous liquid level measurement is realized, measurement accuracy is high, and safety performance is high.