As a type of diverse and structurally adjustable metal‐oxo clusters, polyoxometalates (POMs) based materials have been extensively applied as a catalysis in various valuable reactions. This review summarized recent progress in the application of POMs‐based catalysts for various carbonylation reactions including (1). Carbonylation of olefins, (2). Carbonylation of formaldehyde, (3). Carbonylation of methanol or dimethyl ether, (4). Oxidative carbonylation of methane, (5). Oxidative carbonylation of phenol and (6). Reductive carbonylation of nitrobenzene. A brief perspective on POMs‐based catalysts for the carbonylation reactions is proposed.