Explore Complete list of Nobel Economic Sciences Prize winners from 1969 to 2025 with names, year, country, and Complete list of Nobel Economic Sciences Prize winners from 1969 to 2025 with names, year, country, and awarded to recognize outstanding contributions to the field of economics.
Chemistory Nobel Prize
he Nobel Prize in Economic Science is an annual award given to economists who make outstanding contributions to the study of economics. It was established in 1968 by Sweden’s central bank to honor Alfred Nobel. The prize recognizes work that helps us understand how economies function, how people make economic decisions, and how policies and institutions can improve society. Winners receive a medal, a diploma, and a cash award, just like other Nobel Prizes.
Full List of Nobel Prize Winners in Economic Sciences (1969-2025)
| Year | Laureate(s) | Country | Given award for |
|---|---|---|---|
| 1969 | Ragnar Frisch; Jan Tinbergen | Norway; Netherlands | Developing dynamic models to analyze economic processes. |
| 1970 | Paul Samuelson | USA | Foundational work in modern economic theory. |
| 1971 | Simon Kuznets | USA | Studying economic growth and development. |
| 1972 | John Hicks; Sir John Richard Hicks | UK | Contributions to general equilibrium theory and welfare economics. |
| 1973 | Wassily Leontief | USA | Input-output analysis of economies. |
| 1974 | Gunnar Myrdal; Bertil Ohlin | Sweden; Sweden | Studies in the relationship between economic development and underdevelopment. |
| 1975 | Leonid Kantorovich; Tjalling Koopmans | Soviet Union; USA | Contributions to the theory of optimal allocation of resources. |
| 1976 | Milton Friedman | USA | Analysis of consumption analysis and monetary history and theory. |
| 1977 | Bertil Ohlin; James Meade | Sweden; UK | Contributions to the theory of international trade and economic integration. |
| 1978 | Herbert Simon | USA | Research on decision-making processes within economic organizations. |
| 1979 | Theodore Schultz; Sir Arthur Lewis | USA; UK | Studies in the economics of human capital and development. |
| 1980 | Lawrence Klein | USA | Development of econometric models and their application to the analysis of economic fluctuations. |
| 1981 | James Tobin | USA | Analysis of financial markets and their role in the economy. |
| 1982 | George Stigler | USA | Studies in industrial organization and the economics of information. |
| 1983 | Gérard Debreu | France | Contributions to the theory of general economic equilibrium. |
| 1984 | Richard Stone | UK | Development of national accounting systems. |
| 1985 | Franco Modigliani | USA | Analysis of household savings and financial markets. |
| 1986 | James Buchanan; George Stigler | USA | Contributions to the theory of public choice and market behavior. |
| 1987 | Robert Solow | USA | Analysis of economic growth and the development of the Solow-Swan model. |
| 1988 | Maurice Allais | France | Contributions to the theory of markets and efficient resource allocation. |
| 1989 | Trygve Haavelmo | Norway | Development of the probability approach in econometrics. |
| 1990 | William Sharpe; Harry Markowitz; Merton Miller | USA | Contributions to the theory of financial markets and asset pricing. |
| 1991 | Ronald Coase | UK | Analysis of transaction costs and property rights. |
| 1992 | Gary Becker | USA | Application of economic theory to human behavior and social issues. |
| 1993 | Robert Engle; Clive Granger | USA; UK | Methods of analyzing economic time series and volatility. |
| 1994 | Reinhard Selten; John Nash | Germany; USA | Contributions to game theory and its application to economic behavior. |
| 1995 | Robert Lucas Jr. | USA | Development of the rational expectations hypothesis in macroeconomics. |
| 1996 | James Heckman; William Vickrey | USA; Canada | Analysis of labor markets and incentives. |
| 1997 | Robert Fogel; Douglass North | USA | Research in economic history and the role of institutions in economic development. |
| 1998 | Amartya Sen | India | Contributions to welfare economics and social choice theory. |
| 1999 | Robert Mundell | Canada | Analysis of monetary and fiscal policy under different exchange rate regimes. |
| 2000 | James Heckman; Daniel McFadden | USA | Development of microeconometric methods. |
| 2001 | George Akerlof; Michael Spence; Joseph Stiglitz | USA | Analysis of markets with asymmetric information. |
| 2002 | Daniel Kahneman; Vernon Smith | USA | Contributions to behavioral economics and experimental economics. |
| 2003 | Robert Engle; Clive Granger | USA; UK | Methods of analyzing economic time series and volatility. |
| 2004 | Finn Kydland; Edward Prescott | USA | Contributions to the theory of time consistency and macroeconomic policy. |
| 2005 | Robert J. Aumann; Thomas Schelling | USA | Contributions to game theory and conflict resolution. |
| 2006 | Edmund Phelps | USA | Analysis of intertemporal trade-offs in macroeconomic policy. |
| 2007 | Leonid Hurwicz; Eric Maskin; Roger Myerson | USA | Development of mechanism design theory. |
| 2008 | Paul Krugman | USA | Analysis of trade patterns and location of economic activity. |
| 2009 | Elinor Ostrom | USA | Analysis of economic governance and the commons. |
| 2010 | Peter Diamond; Dale Mortensen; Christopher Pissarides | USA; UK | Analysis of markets with search frictions. |
| 2011 | Thomas Sargent; Christopher Sims | USA | Empirical research on cause and effect in the macroeconomy. |
| 2012 | Alvin Roth; Lloyd Shapley | USA | Development of market design theory. |
| 2013 | Eugene Fama; Lars Peter Hansen; Robert Shiller | USA | Empirical analysis of asset prices. |
| 2014 | Jean Tirole | France | Analysis of market power and regulation. |
| 2015 | Angus Deaton | UK | Analysis of consumption, poverty, and welfare. |
| 2016 | Oliver Hart; Bengt Holmström | UK; Finland | Contributions to contract theory. |
| 2017 | Richard Thaler | USA | Contributions to behavioral economics. |
| 2018 | William Nordhaus; Paul Romer | USA | Analysis of climate change and technological innovation. |
| 2019 | Abhijit Banerjee; Esther Duflo; Michael Kremer | India; France; USA | Experimental approach to poverty alleviation. |
| 2020 | Paul Milgrom; Robert Wilson | USA | Improvements to auction theory and inventions of new auction formats. |
| 2021 | David Card; Joshua Angrist; Guido Imbens | USA | Methodological contributions to the analysis of causal relationships. |
| 2022 | Ben Bernanke; Douglas Diamond; Philip Dybvig | USA | Research on banks and financial crises. |
| 2023 | Claudia Goldin | USA | Advancements in understanding women's labor market outcomes. |
| 2024 | Daron Acemoglu; Simon Johnson; James Robinson | USA | Studies on how institutions are formed and affect prosperity. |
| 2025 | TBD | TBD | TBD |