Around 1 in 5 children today are living in extreme poverty, according to new . In 2024, an estimated 412 million children aged 17 or younger were residing in households living on less than $3 a day, the extreme poverty line used for low-income countries.
Globally, child poverty has been on a steady, if slow, decline since 2014, when an estimated 507 million children lived in extreme poverty. However, the pace of poverty reduction among children has been slower compared to the general population. Children continue to be disproportionately affected, comprising more than 50 percent of those in extreme poverty, although their share of the global population is just 30 percent.
Today, child poverty is increasingly concentrated in Sub-Saharan Africa and fragile and conflict-affected places.