The invention discloses a flame-retardant high toughness polyethylene cable material. The polyethylene cable material comprises, by weight, high density polyethylene, linear low density polyethylene,bimodal polyethylene, a polyolefin elastomer, an ethylene-vinyl acetate copolymer, maleic anhydride grafted polyethylene, powdery magnesium hydroxide, layered aluminum hydroxide, a flame retardant synergist, magnesium stearate, silicone oil, an antioxidant, a melamine salt of cage phosphate, polyphenylether, silicone powder, a lubricant and fluorophosphorous acid. The halogen-free efficient flame-retardant polyolefin cable material has the advantages of great improvement of the flame retardant efficiency of hydroxides, reduction of the influences of the addition of the flame retardant on mechanical properties, good tensile strength of 15 MPa, excellent elongation at break, good extrusion fluidity and wide processing temperature range.