From which year the Nobel Prize in Economics is being awarded?

The Nobel Prize in Economic Sciences, established in 1968 by the Sveriges Riksbank (Swedish National Bank) in memory of Alfred Nobel, has been awarded annually since 1969.

While not one of the original Nobel Prizes, it is considered on par with the others. This prestigious award recognizes individuals who have made exceptional contributions to the field of economics, contributing significantly to the advancement of knowledge in areas such as economic theory, policy, and empirical research. The Nobel Prize in Economics complements the original Nobel Prizes by acknowledging outstanding achievements in a discipline closely related to Alfred Nobel’s original vision of promoting human progress in the realms of science, literature, and peace. Each year, laureates are celebrated for their profound impact on economic understanding and their influence on shaping the global economic landscape.