The invention discloses a forging electroslag composite high-speed steel roll and a manufacturing method thereof and belongs to the technical field of roll manufacturing. The outer layer in the roll comprises the chemical components of, by mass, 0.70%-1.50% of carbon, 0.20%-1.20% of silicon, 0.20%-1.00% of manganese, 4.00%-12.00% of chromium, 2.00%-6.00% of molybdenum, 1.00%-4.00% of vanadium, 0.80%-4.00% of tungsten, 0-0.80% of nickel, 0-0.02% of phosphorus, 0-0.02% of sulphur, and the balance iron. The manufacturing method comprises the steps of forming of a cylindrical electrode, forging of a composite billet, preparation of heat treatment, machining and finish heat treatment. According to the obtained finished product, the surface hardness of a roll body is 80-100 HSD, the outer layer has excellent abrasion resistance, high roughness holding ability, high structure stability and the like, the hardness of the core part and the roll neck is 30-45 HSD, and excellent toughness and high tensile strength are achieved.