The invention relates to a novel wood plastic anticorrosive wallboard for outdoor wall decorations and a production method thereof. The wood plastic anticorrosive wallboard consists of PE or PP plastic, wood powder or bamboo powder, calcium carbonate, coupling agent, lubricant, antiaging agent, antibacterial agent and colouring agent. The production method comprises the following steps that: the raw materials are subject to mixing, granulation and extrusion molding to obtain a baseplate, and the baseplate is subject to cooling, cutting, surface grinding, and embossing to obtain a product. The side of the baseplate is a slot structure, and the water absorption of the baseplate in 24h is 0.2%. The wallboard used in the field of outdoor decorations has the advantages of graceful appearance, lifelike pattern, reasonable structural design, being easy to install, fireproofing, waterproofing, insect preventing, sun protection, aging resistance, no formaldehyde, good sound-absorbing effect, good antibacterial and anticorrosive effects and the like, and being 100% recyclable. Compared with other wallboard decorative materials and production technologies existed in the prior art, the novel wood plastic anticorrosive wallboard disclosed in the invention has reasonable structure, and graceful and beautiful appearance, and the production method is advanced and scientific, with high production efficiency, and good performance of the produced products.