Nobel Now
2026 season 6 of 6 prizes announced 10 laureates Ceremony Dec 10, Stockholm and Oslo 25 days to go

The 2025 Nobel Prizes

2025: who won, why, and how long it took.

Every 2025 prize in plain words. See this year's winners →

34 yrs
Average wait from breakthrough to prize
40 yrs
Longest wait: Physics, for work from 1985
b. 1937
Oldest winner: Richard Robson, Chemistry
b. 1967
Youngest winner: María Corina Machado, Peace

The 2025 prizes

Pick one to see the full story

Economics 2025 · Announced Oct 13

Why some economies keep growing: new ideas, and the old giving way.

Half to Mokyr, half shared by Aghion and Howitt

In plain words

Mokyr, a historian, showed what let growth keep going after the Industrial Revolution: science and know-how feeding each other. Aghion and Howitt built the math of creative destruction, where new firms and products push out old ones.

Why it matters

Growth is not automatic. It needs openness to new ideas and room for change, and it can stall when those are lost.

The official reason

"for having explained innovation-driven economic growth"

33 years from the Aghion–Howitt growth model (1992) to the prize

The long road

  1. 1990Mokyr publishes The Lever of Riches.
  2. 1992Aghion and Howitt publish their model of growth through creative destruction.
  3. 2002Mokyr publishes The Gifts of Athena.
  4. 2025Prize in Economic Sciences.

Link to this prize

The wait

Nobel Prizes are rarely for new work. This is how long each 2025 winner waited after the breakthrough.

Physics
1985 to 2025
40 yrs
Since the Berkeley circuit experiments
Literature
1985 to 2025
40 yrs
Since his first novel, Satantango
Chemistry
1989 to 2025
36 yrs
Since Robson's first framework crystal
Economics
1992 to 2025
33 yrs
Since the Aghion–Howitt model of creative destruction
Medicine
1995 to 2025
30 yrs
Since regulatory T cells were described
Peace
2002 to 2025
23 yrs
Since she co-founded Súmate

How we count: from the year of the key paper, book or ruling to the year of the prize. It is our pick of the starting point, not an official number.

Other years

Every earlier prize gets the same treatment: who, why, and the wait.

Browse past years