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The middle-income trap (MIT) is often accompanied by the decline or stagnation of economic growth, unreasonable domestic industrial structure, and serious polarization be-tween the rich and the poor. However, due to different international environments, different specific national conditions, and different development policies adopted by each country, the manner in which to get out of the MIT varies. Transforming the mode of economic growth and realizing sustainable economic development is an important means for a country or region to escape from the "trap" of economic stagnation. This study carries out an analysis of different economic growth factors of Latin America countries (we selected 19 MIT countries out of 33) and compared them with Singapore and Korea, which are in a high-income range. We used a regression model to find the relationship of variables in each country and the impact on the economic growth due to these variables. The study finds using correlation and reg