This modern form of the Old Norse name Algautr is popular with parents in Sweden today.

Olof is a Scandinavian male name, primarily used in Sweden and Finland. It derives from the Old Norse name Óláfr, composed of the elements 'ancestor' and 'heir' or 'descendant', essentially meaning 'ancestral heir'. Throughout Nordic history, Olof has been carried by numerous kings of Sweden and Denmark, contributing to its royal associations. The name has maintained consistent popularity in Scandinavia, though it experienced a slight decline in the late 20th century before seeing a modest revival among parents seeking traditional Nordic names. In English-speaking countries, Olof remains relatively uncommon but is recognized due to increased global cultural exchange. The name also appears in variants like Olav, Oluf, and Olave.