The death rate from COVID-19 is likely around 0.66%, if counting the mild or asymptomatic cases.
A group of researchers analyzed data from China and found that the overall mortality rate of COVID-19 was 1.38%. But if they adjusted for cases that likely went unaccounted for due to their mild or asymptomatic nature, the overall mortality rate decreased to around 0.66%, they reported on March 30 in journal The Lancet Infectious Diseases.
Consistent with previous research, a new study also found that the death rate varied greatly by age. While the death rate was around 0.0016% in 0 to 9-year-olds, it increased to about 7.8% for people who were age 80 and above.
The researchers also found that nearly 1 in 5 people over the age of 80 infected with COVID-19 were likely to require hospitalization whereas only 1% of people under 30 were likely to be hospitalized.
The case fatality ratios will vary slightly from county to country, based on differences in the policies and measures put in place to control the outbreak. In any case, these mortality rate estimates are still much higher than that of the seasonal flu, which kills around 0.1% of people who are infected.
Even though the fatality rate is low for younger people, it is very clear that any suggestion of COVID-19 being just like influenza is false. For those between the ages of 20 to 29, for instance, the chance of dying from SARS-CoV-2 is 33 times higher than the odds of dying from seasonal influenza, he wrote.