The present invention provides a real-time hydrologic forecasting system. The real-time hydrologic forecasting system comprises a data input module, a model base and a data output module, and the model base comprises a grid unit runoff module, a sub catchment conflux module, a catchment river conflux module and a real-time correction module. According to the system, values or parameters adopted by calculation in the next forecasting can be appropriately adjusted by utilization of up-to-date information obtained during the forecasting process, a series of previous forecasting error information including the current period are considered for each forecasting, the future prediction value is corrected according to the tracking technology of the automatic control theory, and hydrologic forecasting precision is increased. In addition, the system is based on a distributed Xin'an River model based on grids, and compared with a traditional model, the system can be operated for a catchment having few data. The system has a visual interface, and operation practicality is high.