This chapter looks at child poverty trends in Sweden across two recessions, the first (severe) 1991–6, and the second (hardly noticeable) 2008–10, using a number of measures. Absolute (bread-line) household income poverty and economic deprivation surged, with some lag, during the first recession, but shrunk steadily as the macro-economy improved up until around 2006, after which there is no trend but temporary fluctuations. Relative income poverty fell somewhat during the earlier recession but has grown since the mid-1990s, mainly because of a more precarious situation for one-parent families and non-employed parents (often immigrants). In a rare but theoretically important step, child poverty is also measured by young people’s own reports, showing few trends between 2000 and 2011. While material conditions improved somewhat, relative poverty did not change, in stark contrast to household relative poverty—perhaps because poor parents distribute more economic resources to their children during hard times.