The invention discloses a CMORPH satellite precipitation data downscaling method based on Fuzzy-OLS (Ordinary Least Squares) and a multi-environment factor variable. The method comprises the following steps: firstly, aggregation calculation is carried out on 1km environment factor variables, i.e., eight pieces of data including a vegetation index, a digital elevation model, daytime surface temperature, night surface temperature, a topographic wetness index, a gradient, a slope direction and a slope length gradient to 25km to serve as independent variables, and the CMORPH data of a corresponding 25km resolution is used as a dependent variable. On the basis of a fuzzy aggregation idea, the optimal aggregation number and aggregation center of the environment variable under the scale of 25km can be calculated so as to divide a whole sample set into subsample sets with most prominent difference, so that samples in each subsample set have a maximum similarity, and a least square regression model is independently established for each subsample set so as to predict the downscaling precipitation data of 1km. A downscaling result based on the Fuzzy-OLS model is obviously superior to the downscaling result of a conventional regression model.