There is provided a power conversion device capable of effectively reducing a surge voltage generated by a parasitic inductance of a circuit. The power conversion device 1 is configured to operate a motor 8 driving a compression mechanism 7 of an electric compressor 16 by means of a three-phase inverter circuit 28 having a plurality of switching elements 18A to 18F. The power conversion device calculates a surge voltage value of each phase from a parasitic inductance of the circuit and phase currents iu, iv, and iw of the motor 8 to derive a phase in which the surge voltage value becomes maximum, and suppresses the switching of the switching elements 18A-18F of the phase having the maximum surge voltage value by a discontinuous modulation method.