Barbie as the Princess and the Pauper

The Pauper, Erika (also played by Barbie) is an indentured servant, working off her parents' debt at Madame Carp's Dress Emporium, which supplies the palace with clothes; however, she dreams of becoming a singer and seeing the world.

Unbeknownst to the Queen, the reason behind the kingdom's bankruptcy is that her adviser Preminger has been stealing gold and emptying the royal mines.

Anneliese has Serafina take her ring and a tag from the dress shop so someone can find her; unfortunately, Preminger and his dog Midas intercept her.

Erika's barking cat, Wolfie, unearths a mine shaft, and the group escapes by flooding the room and floating towards the surface in a barrel.

Steve Evans of DVD Verdict called it "wholesome entertainment" with "sweet songs tunefully sung" though lacking in grown-up humor.

"[10] Reviewing the film for the South China Morning Post, Karmel Schreyer noted a "a girl-power twist" on the original Mark Twain tale, and wrote that "the story includes all the elements that make it a worthwhile watch: duty, responsibility, compassion, free will – and, of course, a love interest.

"[11] Describing the story as "a fascinatingly nuanced line between following one's heart [...] and doing one's duty", Brendan Howard of Video Store praised the film's animation, music and voice talent as "top-notch", but was disappointed with the DVD extras, which he called "essentially a serving of karaoke and commercials".

[12] James Lileks of the Star Tribune wrote favourably of the film's "hummable tunes with clever lyrics, fine characters and a scathing indictment of the inequities of the feudal system" and jokingly dubbed it "the "Citizen Kane" of the [children's film] genre" due to its unusually high quality.

[15] Reviewing the film for Common Sense Media, Tracy Moore found the animation quality was improved from previous CGI Barbie films, and advised that parents "may appreciate attention drawn to class inequality, and the precious few scenes focusing on girls liking science, books, and less passive pursuits."

Moore wrote that the film "almost succeed[s]" in updating traditional models for girls' entertainment, as Princess Anneliese and Erika are shown "putting [their interests] first over romance [...] But the big finish still centers around them pairing off, fairy-tale style.

"[16] In The Dallas Morning News, Nancy Churnin praised the lead characters as "bold and brainy" and found, "one of the sweetest aspects of this film is the utter absence of jealousy between Anneliese and Erika.

In the Game Boy Advance title, the plot follows that of the movie: players must thwart Preminger's attempt to take over the kingdom by marrying Anneliese.

In January 2024, to commemorate the film's 20th anniversary many cast and crew members including songwriters Megan Cavallari and Amy Powers, producers Jennifer McCarron and Rob Hudnut, editor Greg Richardson, director William Lau, singers Julie Stevens and Melissa Lyons and voice actors Kelly Sheridan and Brian Drummond reunited by partaking in a 1-hour and a half livestream on YouTube on The Tammy Tuckey Show.