The invention belongs to the field of acetic acid preparation realized through methanol carbonylation reaction and particularly relates to a catalyst system for synthesizing acetic acid through methanol carbonylation and application of the catalyst system. The catalyst system for synthesizing acetic acid through methanol carbonylation comprises active rhodium, hydroiodic acid or iodine, methyl iodide, water, a lithium acetate aqueous solution and acetic acid, wherein the mass percentage of active rhodium in the whole reaction system is 800-1000ppm, the content of total iodine in the whole reaction system is 2.8-3.5mol/L, the mass percentage of the lithium acetate aqueous solution in the whole reaction system is 8000-12000ppm, the mass percentage of methyl iodide in the whole reaction system is 8-13%, the mass percentage of the water in the whole reaction system is 2%, and the mass percentage of acetic acid in the whole reaction system is 57-62%. By using the catalyst system, methanol can be converted into acetic acid at high speed and relatively-low pressure, so that the production cost of acetic acid is low, the formula is simple, the production process is easy, and byproducts including CO2, H2 and propionic acid are greatly reduced.