Svenska Akademiens nordiska pris

The Swedish Academy's Nordic Prize is an annual literary prize awarded by the Swedish Academy since 1986, the Academy's bicentennial year. The prize is funded by the Karin and Karl Ragnar Gierow Foundation and carries a prize sum of 400,000 Swedish kronor, making it the second-largest prize awarded by the Academy after the Nobel Prize. The award ceremony takes place in the Stock Exchange Building (Börssalen) in connection with the Academy's founding day on April 5. One or more members present the prize recipient, who then delivers a speech. The prize recognizes significant literary contributions from Nordic authors including writers from Denmark, Finland, Iceland, Norway, Sweden, and the Faroe Islands.