Disclosed are a retro-reflective sheet and a method for manufacturing the same. The retro-reflective sheet includes a heat-resistant film, a first thermoplastic bonding layer, a first heat-resistant layer, a colored layer, a light transmitting layer, a colored part allowing a portion of scattered light to be emitted to the outside through a first light condensing layer, a second thermoplastic bonding layer, a second heat-resistant layer, a reflective layer, and a reflective part reflecting light input to a reflective area through a second light condensing layer.