Millennium Development Goal 4: Reduce child mortality
Target: Reduce by two-thirds, between 1990 and 2015, the under-five mortality rate
The vast majority of newborns – over 3 million every year – die in developing countries. Sub-Saharan Africa and South Asia bear the greatest burden: 80 per cent of all neonatal deaths occur in these two regions.
Globally there are 3.3 million neonatal deaths each year, accounting for 41 per cent of all deaths of children under the age of five.

Source: The State of the World’s Children Report 2011.
Reference: http://www.childinfo.org/newborncare.html