A panel-form loudspeaker is disclosed. The panel-form loudspeaker includes a cover having a bottom forming an opening in a middle portion thereof; a vibration plate at least partially accommodated in the opening; an actuator fixed with the cover and engaging with the vibration plate for driving the vibration plate to vibrate; a gap formed between the vibration plate and the bottom of the cover; and a suspension. The vibration plate includes an inner surface and an outer surface opposite to the inner surface. The suspension includes a first connecting portion connecting with the inner surface of the vibration plate, and a second connecting portion connecting with a top of the bottom for suspending the vibration plate in the opening.