The Abel Prize is awarded annually by the King of Norway to one or more outstanding mathematicians. It is named after the Norwegian mathematician Niels Henrik Abel (1802–1829) and directly modeled after the Nobel Prizes; as such, it is sometimes considered the Nobel Prize of mathematics. It comes with a medal and a monetary award of 7.5 million Norwegian kroner (NOK, about US$873,000 in 2026; increased from 6 million NOK in 2019).
The Abel Prize's history dates back to 1899, when its establishment was proposed by the Norwegian mathematician Sophus Lie when he learned that Alfred Nobel's plans for annual prizes would not include a prize in mathematics.