Academy Award Nominations and Winners: |
| Best Picture |
| Best Director: Alejandro González Iñárritu |
| Best Supporting Actress: Adriana Barraza |
| Best Supporting Actress: Rinko Kikuchi |
| Best Original Screenplay: Guillermo Arriaga |
| Best Film Editing: Douglas Crise and Stephen Mirrioine |
★ | Best Original Score: Gustavo Santaolalla |
|
Golden Globe Nominations and Winners: |
★ | Best Picture (Picture) |
| Best Director: Alejandro González Iñárritu |
| Best Supporting Actress: Adriana Barraza |
| Best Supporting Actress: Rinko Kikuchi |
| Best Supporting Actor: Brad Pitt |
| Best Screenplay: Guillermo Arriaga |
| Best Original Score: Gustavo Santaolalla |
|
Other Awards: |
| Cannes Film Festival: Best Director; Prize of the Ecumenical Jury; Technical Grand Prize (Mirrione) |
| National Board of Review: Breakthrough Performance, Female (Kikuchi; tie) |