The invention relates to a rare earth activated aluminate system fluorescent material for an electrodeless lamp. The rare earth activated aluminate system fluorescent material for the electrodeless lamp is a mixture of a red material, a blue material and a green material, wherein the ratio of the red material to the blue material to the green material is 46: 25: 35, the red material, the blue material and the green material are fully mixed and then are mixed with appropriate amount of binder Na2SiO3, thus the product is obtained. The red material comprises yttrium oxide, europium oxide and boron oxide; the blue material comprises aluminium oxide, magnesium oxide, boric acid, barium carbonate, calcium carbonate, europium oxide, cerium oxide and dysprosium oxide; and the green material comprises aluminium oxide, magnesium oxide, boric acid, europium oxide, cerium oxide and terbium oxide. The production process of the preparation method of the rare earth activated aluminate system fluorescent material comprises the steps of sorting, mixing in proportion, placing the materials into a crucible reacting furnace, igniting and heating, insulating heat, cooling, smashing and sieving, carrying out dry grinding and wet grinding, cleaning, dehydrating and stoving, sieving and checking as well as bagging.