The invention discloses a quasi-phase-matching terahertz wave parametric oscillator, which includes a pump source, a first period inversion GaP crystal, a second period inversion GaP crystal, a third period inversion GaP crystal, and a fourth period inversion GaP crystal, and the reflection mirrors arranged around the GaP crystal of the first period inversion, the GaP crystal of the second period inversion, the GaP crystal of the third period inversion and the GaP crystal of the fourth period inversion, the reflection mirror includes the first reflection mirror, A second reflector, a third reflector, a fourth reflector, a fifth reflector, a sixth reflector, a seventh reflector, an eighth reflector, a ninth reflector, and a tenth reflector. The generated Stokes light oscillates back and forth in the ring resonator, which can effectively amplify the THz wave through the optical parametric effect; the collinear interaction between the pump light and the Stokes light effectively increases the interaction volume between the pump light, the Stokes light and the THz wave.