1 in 6 children in the world lives in extreme poverty. According to the World Bank and UNICEF analysis, 356 million children struggled to survive on less than 1.90 dollars a day before the Covid-19 pandemic – the international measure for extreme poverty. This statistical data is based on the World Bank analysis published by UNICEF.

The coronavirus pandemic has had a negative impact on income of most households and worsened child poverty rates.

According to Carolina Sánchez-Páramo, Global Director of Poverty and Equity for the World Bank, extreme poverty deprives hundreds of millions of children of the opportunity to reach their potential, in terms of physical and cognitive development, and threatens their ability to get good jobs in adulthood.

"In the wake of the massive economic disruption caused by the pandemic, it is more crucial than ever that governments support poor households with children now and rebuild their human capital during the recovery," she said.

There are the following groups of child well-being indicators:

• Material child poverty;
• State of health and preventive health services for children;
• Mortality rates;
• Education and preschool education of children;
• Life conditions and quality;
• Risks.

According to estimates, low level of material security is the main cause of poverty. The shortage of money makes some segments of the population exist and it's the children who suffer the most in this situation. Material well-being is the indicator of life quality that affects adequate nutrition, quality and volume of the services received.

Poverty deprives children's access to quality food, healthcare services and education. UNICEF analysis shows that children from low-income households are 1.4 times less likely to attend preschool facilities than children from other households. As a result, children living in poverty have less ability to acquire knowledge and skills needed for thriving in adult life.

The shortage of the required amount of nutrients is another problem related to poverty among children. According to international studies, children whose weight was below the standard earn 26 per cent less when adults than their well-developed peers.

According to UNICEF, children who were born and raised in poverty are more likely to become poor when they become adults and to fail to reach their full potential.