Wilshere also reserved special praise for his fellow youngster Bukayo Saka.
"He's a player that I really like," Wilshere told Sky Sports of Smith Rowe.
"He came into the team really last year and sort of made the position his but I think this season, even in the bad results he was the one player, the one shining light.
"He carries the ball so well in that transition from defence to attack. He is crucial to how this team wants to play."
Wilshere believes Saka has strong claims to be Arsenal's best player this season, although Smith Rowe is also right up there.
"Especially this season, last season was sort of like his breakthrough season and at times he gave the ball away as all young players do," added Wilshere on Smith Rowe.
"But he had a great season last season. But this season, the consistency, at such a young age to be Arsenal's, for me either him or Saka, probably him their best player this season so far is credit to him."
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