Nobel Prize Nobel Prize The Nobel Prize (, ; Swedish definite form, singular: "Nobelpriset"; ) is a set of annual international awards bestowed in several categories by Swedish and Norwegian institutions in recognition of academic, cultural, or scientific advances. The will of the Swedish scientist Alfred Nobel established the five Nobel prizes in 1895. The prizes in Chemistry, Literature, Peace, Physics, and Physiology or Medicine were first awarded in 1901. In 1968, Sweden's central bank, Sveriges Riksbank, established the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel", which, although not being a Nobel Prize, has become informally known as
Nobel Prize in Literature analyze its importance on potential future Nobel Prize in Literature laureates. Only Alice Munro (2009) has been awarded with both. The Neustadt International Prize for Literature is regarded as one of the most prestigious international literary prizes, often referred to as the American equivalent to the Nobel Prize. Like the Nobel or the Man Booker International Prize, it is awarded not for any one work, but for an entire body of work. It is frequently seen as an indicator of who may be awarded the Nobel Prize in Literature. Gabriel García Márquez (1972 Neustadt, 1982 Nobel), Czesław Miłosz (1978 Neustadt,