| Year | Laureates |
| 1940 | The prize money was with 1/3 allocated to the Main Fund and with 2/3 to the Special Fund of this prize section |
| 1939 | Frans Eemil Sillanpää |
| 1938 | Pearl Buck |
| 1937 | Roger Martin du Gard |
| 1936 | Eugene Gladstone O'Neill |
| 1935 | The prize money was with 1/3 allocated to the Main Fund and with 2/3 to the Special Fund of this prize section |
| 1934 | Luigi Pirandello |
| 1933 | Ivan Alekseyevich Bunin |
| 1932 | John Galsworthy |
| 1931 | Erik Axel Karlfeldt |
| 1930 | Sinclair Lewis |
| 1929 | Thomas Mann |
| 1928 | Sigrid Undset |
| 1927 | Henri Bergson |
| 1926 | Grazia Deledda |
| 1925 | George Bernard Shaw |
| 1924 | Wladyslaw Stanislaw Reymont |
| 1923 | William Butler Yeats |
| 1922 | Jacinto Benavente |
| 1921 | Anatole France |
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