Millions of Children in Poverty in World's Richest Countries

UNICEF stated that more than 69 million children, which is over 1 in 5, are living in poverty in the world's 40 richest countries, according to a report released by the organization. Although there has been a reduction in child poverty rates in the European Union and Organization for Economic Cooperation and Development (OECD) countries, the number of children living in poverty remains alarmingly high. The drop in rates from 2012 to 2014 and 2019 to 2021 represents around 6 million children, but the overall figure of 69 million children in poverty persists, as reported by UNICEF Innocenti, the research arm of the United Nations agency.