The invention discloses frozen-soil hydrate deposit polyvinyl alcohol type drilling fluid, and relates to the field of natural gas hydrate exploitation. The drilling fluid is prepared from the following components: polyvinyl alcohol, sodium chloride, methyl alcohol, ethylene glycol, sulfonated phenolic resin SMP-2, potassium humate, xanthan gum, polyvinylpyrrolidone K30, polyoxyethylene and prepared water. The frozen-soil hydrate storage polyvinyl alcohol type drilling fluid can be used for frozen-soil-layer natural gas hydrate deposit drilling, and has the effects of no solid phase and low temperature resistance; a kinetic inhibitor and a synergist are added into the drilling fluid for compounding, so that relatively strong hydrate generation inhibition effect is achieved; and moreover, the drilling fluid is small in environmental harm by components, and has the advantages of being efficient, environmentally friendly, adopting cheap and easily available raw materials, and the like.