Economy

Nobel Prize 2025: When & How the world’s most prestigious awards unfold

Every October, the world turns its attention to the Nobel Prizes, one of the most prestigious honours in science, literature, peace, and economics. This year, the announcements will take place between 6 and 13 October, with all events streamed live on the official Nobel Prize digital channels.

Here’s how the schedule looks for 2025:

Physiology or Medicine: Monday, 6 October, from 11:30 CEST
Physics: Tuesday, 7 October, from 11:45 CEST
Chemistry: Wednesday, 8 October, from 11:45 CEST
Literature: Thursday, 9 October, from 13:00 CEST
Peace: Friday, 10 October, from 11:00 CEST
Economic Sciences: Monday, 13 October, from 11:45 CEST

Each prize is awarded by a specific institution designated by Alfred Nobel in his will:

  • Karolinska Institutet awards Physiology or Medicine
  • Royal Swedish Academy of Sciences awards Physics, Chemistry, and Economic Sciences
  • Swedish Academy awards Literature
  • Norwegian Nobel Committee awards the Peace Prize

The Sveriges Riksbank Prize in Economic Sciences was introduced in 1968 in memory of Alfred Nobel and is selected by the Royal Swedish Academy of Sciences.

How winners are chosen

Thousands of nominators, including university professors, scientists, previous Nobel laureates, members of academies, and parliamentary assemblies, propose candidates each year. The Nobel Committees of the awarding institutions review these nominations and decide the winners. Nominators are selected to ensure diverse representation across countries and universities over time.

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Key Facts

  • The nomination processes start in September each year.
  • No person can nominate herself/himself for a Nobel Prize.
  • The names of the nominees cannot be revealed until 50 years later.
  • All nominations are collected in one archive.

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