The utility model provides a voltage reactive integrated compensator. The voltage reactive-power integrated compensator comprises a series transformer, a parallel transformer, a first antiparallel thyristor group, a second antiparallel thyristor group and a compensating capacitor, wherein the quantity of antiparallel thyristors in the first antiparallel thyristor group and the quantity of antiparallel thyristors in the second antiparallel thyristor group are both identical with the quantity of secondary windings of the series transformer. According to the utility model, all the components of the compensator adopt low-cost devices such as thyristors, transformers and capacitors so as to reduce the system cost; all the devices are low-voltage normal components, such that manufacturing difficulty is low and the reliability is high; besides, the structure is simple, and multiple functions can be realized by a single device. The winding quantity of the parallel transformer and the number of the antiparallel thyristors of the two antiparallel thyristor groups can be changed to increase the voltage and the reactive power compensating gears so as to improve the compensating precision and the compensator can be widely applied in urban and rural power distribution networks.