An electric full-circle rotation inboard and outboard (double-motor) contra-rotating propeller propulsion unit is applicable to various small and medium-sized ships and boats, an energy conservation value is increased by 10% to 12%, and navigational speed and propulsion efficiency are improved by about 10%. The electric full-circle rotation inboard and outboard (double-motor) contra-rotating propeller propulsion unit comprises encoders, servo motors, speed reducers and large and small cylindrical gears, a rotary support and a sleeve are connected with a lower box to realize full-circle rotation, a ship can turn around flexibly, the reversing speed of the ship is increased by 1.6 times, and the ship runs safely. Optimal three-dimensional movement efficiency of contra-rotating propellers is realized by the aid of a hydraulic lifting mode or an electric lifting mode. A propulsion unit support is connected with a hull, propulsion force, vibration and impact force are absorbed, and the unit is protected. The front and the back of the lower box are streamline-shaped, the upper section of the lower box is wing-shaped, accordingly resistance is reduced, and the lower box is novel and compact in structure, small in dimension and light in weight. In addition, alternating-current frequency converters or direct-current drivers, a PLC (programmable logic controller) single cable connected with a driving cab liquid crystal display, double-motor double-propeller controllers, full-circle steering wheels and direction indicators are adopted, and double-motor full-circle synchronous electronic omnidistance operation is realized. The electric full-circle rotation inboard and outboard (double-motor) contra-rotating propeller propulsion unit is powered by batteries and emergency generator sets or in a hybrid mode, and zero or low-carbon emission is realized.