In 2019，under the influence of slowdown of world economic growth，repeated global trade tensions and the combination of regional political instability and social protests，Latin America and the Caribbean （LAC） economic growth has almost stagnated. Although regional inflation remained in low level and extent of double deficits had eased，some risks such as high public debt，increased currency volatility and social conflicts had increased economic uncertainty. For the subregion，growth in Central America was better than in the Caribbean and South America. And the growth rate varied across the countries in the region due to different external impact mechanisms and domestic reaction capacities. Influenced by relaunching of loose monetary policy in major developed countries，LAC countries still have had policy incentives to stimulate aggregate demand. The sudden outbreak of the COVID-19 pandemic in 2020 has caused serious impact on Latin America，and the economy in the region is expected to decline sharply. Looking forward to the post-COVID-19 era，Latin America will face new changes in domestic production，foreign trade and regional integration，and further promoting structural reform is the fundamental guarantee to meet these challenges.