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Nobel Prize award level adjustments

The Nobel Foundation periodically revises the prize level based on long-term asset growth and financial metrics.

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Jan 17, 2026
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What is the exact Nobel Prize monetary amount in Swedish krona (SEK) for the current year and how is it calculated?

The Nobel Foundation set the monetary award for a full Nobel Prize at 11.0 million Swedish kronor (SEK) in its public materials for the 2025 awards, a figure repeatedly presented on official Nobel sit...

Jan 16, 2026

How have Nobel Prize monetary amounts changed over time and why did the foundation raise the prize in 2020 and 2023?

The Nobel Prize monetary award has fluctuated since 1901, reflecting the Nobel Foundation’s investment returns, currency value and periodic financial retrenchment; after reductions in 2012 the Foundat...