Disclosed is a method for transmitting and receiving data by a user equipment (UE) in a wireless communication system supporting low latency includes receiving downlink (DL) control information including a transmission time interval (TTI) indication field indicating a short TTI in which low latency data is scheduled, from an eNB through a DL physical channel, and receiving the low latency data from the eNB through a scheduled short TTI on the basis of the received TTI indication field.