Global estimate of children in monetary poverty: an update
An estimated 1 in 6 children – or 356 million globally – lived in extreme poverty before the pandemic, and this is set to worsen significantly, according to a new World Bank Group-UNICEF analysis. Global Estimate of Children in Monetary Poverty: An Update notes that sub-Saharan Africa – with limited social safety nets – accounts for two-thirds of children living in households that struggle to survive on an average of $1.90 a day or less per person – the international measure for extreme poverty. South Asia accounts for nearly a fifth of these children. The analysis shows that the number of children living in extreme poverty decreased moderately by 29 million between 2013 and 2017.