In a contemporary review, Russell Gersten of
The Village Voice wrote that, although it suffers from some poorly chosen material and omissions, the album is ultimately an "essential record" that "requires a bit more imagination and knowledge to appreciate than most anthologies, but the raw ingredients are there. Wonder worked in an era of excesses, and his fight to find meaning is—in its own modest way—uplifting." The newspaper's
Robert Christgau shared a similar sentiment and said that
Looking Back is at the same time "flawed, long overdue, and essential." He later included it in his "basic record library" of 1970s albums, published in ''
Christgau's Record Guide: Rock Albums of the Seventies''. In a retrospective review for
AllMusic, writer
Rob Bowman gave
Looking Back five stars and said that Wonder's songs from the 1960s were unique from most other Motown artists because he had a hand in writing them and his producers rarely collaborated with acts such as
the Temptations or
the Supremes.
J. D. Considine, writing in
The Rolling Stone Album Guide (1992), gave the album four-and-a-half out of five stars and felt that it is a significantly better compilation than
Greatest Hits Vol. 2 (1971) because of how it highlights both his studio albums up to that point and several non-LP singles. ==Track listing==