The Billboard Latin Music Award for Latin Jazz Album of the Year was an honor that was presented annually at the Billboard Latin Music Awards, a ceremony which honors "the most popular albums, songs, and performers in Latin music, as determined by the actual sales, radio airplay, streaming and social data that shapes Billboard's weekly charts". Latin jazz is a form of jazz music which incorporates various sounds from Latin America.

The Grammy Award for Best Latin Jazz Album is an award presented at the Grammy Awards, a ceremony that was established in 1958 and originally called the Gramophone Awards, to recording artists for quality works in the Latin jazz music genre. Honors in several categories are presented at the ceremony annually by the National Academy of Recording Arts and Sciences of the United States to "honor artistic achievement, technical proficiency and overall excellence in the recording industry, without regard to album sales or chart position".