The present invention discloses a ring-road type multi-phase flow erosion tester comprising a gas, oil and water three-phase separation tank and pipe circulating systems of said three phases including, in detail, a gassy system ranging from an export at the top part of the three-phase separation tank, a cooler and a cyclone separator, a circulating gas screw compressor to the pipe filter; an oil phase system ranging from an export at the middle part of the three-phase separation tank, a diesel magnetic drive pump, a heater to the pipe filter; and a water phase system ranging from an export at the bottom part of the three-phase separation tank, a wastewater metering pump, a heater to the pipe filter. After mixing, the three phases are connected to the three-phase separation tank through the pipe filter and a testing platform for pieced to be tested. The present invention is capable of simulating erosion study cases in practical pipe fittings such as tee joints, bend pipes, transition pipes and liner pipes to perform a transient characteristics prediction study of gas, oil and water multi-phase flow erosion destruction.