The study focused on wrap-around reinforced soil retaining walls and proposed a calculation method for panel displacement. The horizontal displacement was divided into two components for calculation: the horizontal displacement caused by the strain of reinforcement and the overall horizontal displacement generated by the horizontal earth pressure acting on the back of the reinforced zone. When calculating the horizontal displacement caused by the reinforcement strain, the reinforced zone was divided into subzones through the potential failure surface of reinforced soil retaining wall and the natural repose angle of soil. The horizontal distribution of the reinforcement load was assumed, yielding a simplified calculation model for the horizontal displacement caused by reinforcement strain. For the calculation of the overall horizontal displacement of the reinforced zone, the zone was treated as a ‘cantilever beam’, taking into account the variation in elastic modulus of the reinforced zone with height. The theoretical results obtained through the proposed method were compared with experimental and numerical simulation results. The distribution trend of the displacements was basically consistent, indicating that the proposed method can effectively calculate the panel displacement of wrap-faced reinforced soil retaining walls.