The invention discloses a compact coupled inertance tube type high-frequency coaxial pulse tube refrigerator and a manufacturing method thereof. The refrigerator is composed of a main base, an auxiliary base, a special-shaped compressor base, opposed linear-compressor main components, a left compressor shell, a right compressor shell, a compressor connecting tube, a main heat exchanger, an auxiliary heat exchanger, a regenerator, a pulse tube, a cold-end heat exchanger, a vacuum housing, a pulse tube connecting tube, an inertance tube, an air reservoir and a protective housing. Structural features of a coaxial pulse tube refrigerator, an inertance tube phase modulation device and a linear compressor can be given into full play, compactness and high reliability of an overall system are realized, and it is of important significance to practicability of the coaxial pulse tube refrigerator in the special fields such as aerospace.