The invention discloses a method for monitoring and evaluating the actual state of an MOV based on outlier detection. The method comprises the steps of: carrying out the sampling of various actual parameters at different time points at the moment of the operation of the MOV for several times, and forming an original data set; performing principal component analysis on the original data set to reduce the dimension of the collected features, and achieving visualization on the two-dimensional or three-dimensional level; then, calculating a distance between two adjacent points in the data set after PCA, a kth distance, a kth distance neighborhood, a reachable distance and a local reachable density according to a local abnormal factor; and finally, calculating a local outlier factor to obtain an outlier detection evaluation result of any sampling data of the MOV. According to the invention, the executable difficulty of traditional online monitoring is reduced, the method for monitoring andevaluating the actual state of the MOV based on outlier detection has the higher industrial application value, enhances the effective way of monitoring and maintaining the lightning protection deviceby people, and avoids the risk conditions of damage, fire, explosion and the like of an electrical system caused by abnormal operation or degradation of an MOV device.