- 2001: Grammy Award for Best Original Song for "Things Have Changed"
American Academy of Arts and Letters:
- 1990: Gold Medal for Music from the American Academy and Institute of Arts and Letters
Brit Awards:
- 1991: Brit Award for International Male Solo Artist
Golden Globe Awards:
- 2001: Golden Globe Award for Best Original Song for "Things Have Changed"
Grammy Awards:
- 1974: Grammy Award for Best Album of the Year for "Blood on the Tracks"
- 1975: Grammy Award for Best Male Pop Vocal Performance for "Tangled Up in Blue"
- 1998: Grammy Award for Best Contemporary Folk Album for "Time Out of Mind"
- 2000: Grammy Award for Best Male Rock Vocal Performance for "Things Have Changed"
- 2001: Grammy Award for Best Rock Album for "Love and Theft"
- 2006: Grammy Award for Best Traditional Folk Album for "Modern Times"
- 2012: Grammy Award for Best Traditional Pop Vocal Album for "Tempest"
- 2020: Grammy Award for Best Rock Album for "Rough and Rowdy Ways"
Polar Music Prize:
- 2004: Polar Music Prize
Presidential Medal of Freedom:
- 2012: Presidential Medal of Freedom from President Barack Obama
Pulitzer Prize:
- 2008: Pulitzer Prize for Poetry for "Time Out of Mind"
Rock and Roll Hall of Fame:
- 1988: Inducted into the Rock and Roll Hall of Fame
Songwriters Hall of Fame:
- 1982: Inducted into the Songwriters Hall of Fame
Swedish Academy of Music:
- 1990: Polar Music Prize from the Swedish Academy of Music