Abstract: There is provided a centrifugally cast composite roll for rolling having excellent wear resistance and surface deterioration resistance at levels of a high-speed steel cast iron roll and having rolling incident resistance at a level of a high alloy grain cast iron roll. A centrifugally cast composite roll for rolling having an outer layer and an inner layer, the outer layer including chemical components by mass ratio: C: 1.0 to 3.0%; Si: 0.3 to 3.0%; Mn: 0.1 to 3.0%; Ni: 0.1 to 6.0%; Cr: 0.5 to 6.0%; Mo: 0.5 to 6.0%; V: 3.0 to 7.0%; Nb: 0.1 to 3.0%; B: 0.001 to 0.1%; N: 0.005 to 0.070%; and the balance being Fe and inevitable impurities, wherein: the chemical composition of the outer layer satisfies following Formula (1), has a crystallization and precipitation amount of graphite suppressed to less than 0.