ONE factor explains most of the differences in Covid19 deaths across countries

The Market Monetarist

As an economist I am not happy about going into having strong views on the causes of why people die from Covid19, but at least I can have a look at correlations.

It has been very clear for some time that very few people younger than 50 years old die from Covid19.

In fact the average of people dying with Covid19 have been around 80 years in most countries and men are more likely to die than women.

These simple facts made me think – how much of this can explain the different mortality rates we observe across countries?

Why has so many people died in Italy and Spain, while mortality rates have been much lower in for example Scandinavia? Similarly why are mortality rates so low in most developing countries?

Can the age composition explain this? The graph below give us the answer.

Covid19 deaths POP

In the graph I have plotted…

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