The invention discloses a flood model building and dynamic displaying method based on BIM and a three-dimensional live-action model. A three-dimensional design platform, a geographic information platform, a hydrodynamic modeling platform and a three-dimensional live-action modeling platform are subjected to cross-platform technological fusion, the three-dimensional live-action model is applied tobuild a high-precision flood model, and three-dimensional dynamic displaying is performed. The method includes: 1, producing the three-dimensional live-action model, a DEM and an orthoimage; 2, building a flood analysis model and calculating; 3, exporting and converting a flood calculation result; 4, integrating the live-action model, a BIM design model and the flood calculation result; 5, three-dimensionally and dynamically displaying a flood result. Cross-platform technological fusion is performed on the three-dimensional design platform, the geographic information platform, the hydrodynamicmodeling platform and a three-dimensional visual rendering platform, the flood model is built on the basis of live-action model data generated by inclined photographing of an unmanned aerial vehicleand overlaid with the live-action model for three-dimensional dynamic display of flood, so that accuracy of the flood model is improved substantially.