The winner of the prestigious award has been selected from a list of 376 candidates - 228 are individuals and 148 are organizations.
However, who or what they are is meant to be kept closely guarded secret.
Despite this, a list of front-runners has emerged - including Syria's White Helmets, and the negotiators of the Iran nuclear deal.
But the committee is known for defying expectations.
Last year, the prize went to the Tunisian National Dialogue Quartet, a group lauded for helping their country's transition to democracy, instead of Angela Merkel - who was widely thought to be in the running for her work with refugees.
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