But a new study says the province's still has much work to do to combat the problem because the rate remains higher than the national average.
The Child and Poverty Report Card was prepared by the Saint John Human Development Council.
It says more than 22,000 children in the province lived in poverty in 2010 — a significant improvement when compared to five years ago.
Executive director Randy Hatfield says the national rate of child poverty was 14.5 per cent, compared with 16.1 per cent in New Brunswick.
The group's report examines income inequality and taxation rates, food security, education costs and the state of poverty among First Nations children.