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 of the gesture. He was a candidate for the Nobel Prize in 1904, to be shared with the Provençal writer Frédéric Mistral, in recognition of their contributions to literature in non-official languages. Political pressure from Spain's central government having made this prize impossible, it was eventually awarded to Mistral and to the Spanish language playwright José Echegaray. The choice of Selma Lagerlöf (Sweden 1858–1940) as Nobel Laureate in 1909 (for the 'lofty idealism, vivid imagination and spiritual perception that characterizes her writings') followed fierce debate because of her writing style and subject matter, which broke literary decorums of the time.