Covid-19: Does this mean the IFR is 0.13%?

World Health Organization estimates that 760 million people worldwide have already had Covid-19.

With fatalities at 1,045,039 as of right now, that becomes an IFR of


———- = 0.13%



In May, the IFR was estimated to be 0.4 to 1.5%:

Current estimates of the IFR for the coronavirus range from 0.4 to 1.5 percent (Statnews) — so anywhere from 4 to 15 times higher than the flu, which has an IFR of about 0.1 percent (CDC).

This revised estimate sounds like good news, right?

(For many reasons, the IFR of Covid-19 should not be directly compared to influenza.)