The invention discloses waterproof and heat dissipation type base station equipment based on 5G communication, which relates to the technical field of 5G network. The present invention includes a housing and a cover body, An exterior of the housing and the cover body are coated with heat preservation paints, An upper part and a low part of the housing are respectively fixed with a first water tankand a second water tank, the first water tank and the second water tank are made of PVC material, an opposite inner wall of the shell is fixed with a heat absorbing tank, the heat absorbing tank is made of PVC material, and the water inlet and the water outlet of the first water tank are respectively communicated with the water inlet and the water outlet of the two heat absorbing tanks through pipes. The invention dissipates heat by using a refrigerator, the second water tank, the first water pump, the heat absorbing tank, the first water tank, the heat absorbing ice scale, the copper plate and the heat conducting fin together, and dissipates heat by using the exhaust fan, the extraction fan, the second water pump, the heat dissipating box and the serpentine elbow pipe together, thus solving the problem of poor heat dissipation effect of the existing base station equipment.