By Le Figaro with Reuters
Published
Annie Ernaux at the Nobel Prize in Literature reception ceremony on December 10, 2022 in Stockholm. Nanaka Adachi/Nobel Prize Outreach
The winners, who will be chosen in October, will receive a total of 11 million Swedish crowns, compared to 10 million last year.
The winners of the Nobel prize this year will receive an additional 1 million crowns (nearly 84,000 euros), which will bring the total financial reward to 11 million Swedish crowns (around 923,000 euros), the Nobel Foundation announced on Friday.
The amount of this bonus has been adjusted sometimes upwards and sometimes downwards in recent years, the latter revaluation reflecting the stronger financial situation of the foundation.
In 2012, the prize money was reduced from 10 million crowns to 8 million, as the Foundation sought to consolidate its finances. The prize amount was then increased to 9 million in 2017 and 10 million in 2020, the level of 2012.
The arbitrages on these amounts also depend on the fluctuation in the rate of the Swedish crown which has lost around 30% of its value compared to the euro. To the point that the latest increase will not make the winners feel much richer, unless they are Swedish themselves.
The Nobel Prize in Medicine will this year be the first awarded, as is now tradition, and will be announced on October 2, followed by those in physics, chemistry, literature and the Nobel Peace Prize.