Swedish Academy

Swedish Academy
Svenska Akademien
	Headquarters
Formation	20 March 1786
Type	Royal academy
Headquarters	Stock Exchange Building, Stockholm
Membership	18 members
Permanent secretary	Mats Malm
Website	svenskaakademien.se

The Swedish Academy (Swedish: Svenska Akademien), founded in 1786 by King Gustav III, is one of the Royal Academies of Sweden. Its 18 members, who are elected for life, comprise the highest Swedish language authority. Outside Scandinavia, it is best known as the body that chooses the laureates for the annual Nobel Prize in Literature, awarded in memory of the donor Alfred Nobel.