Working Paper
This paper, prepared by the World Bank Group and UNICEF, presents estimated trends in child poverty from 2013 to 2022, based on three international poverty lines: $2.15 (extreme poverty), $3.65 (lower middle income), and $6.85 (upper middle income).
The estimates show a reduction in the extreme child poverty rate from 20.7 per cent to 15.9 per cent between 2013 and 2022.
While 49.2 million children were lifted out of extreme poverty, this was about 30 million less than projected in the absence of COVID-19-related disruptions.
The extreme child poverty nowcasted estimate in 2022 (15.9 per cent) is on par with the child poverty rate in 2019, indicating approximately three years of lost progress.
In 2022, nowcasted estimates show:
333 million children living in extreme poverty ($2.15)
829 million children living below $3.65
1.43 billion children living below $6.85
Children are more than twice as likely as adults to live in extreme poverty. They comprise more than half of those living in extreme poverty, while their share of the population is 31 per cent.
Publisher: UNICEF and World Bank
Publication Year: 2023