Excess deaths in Peru are at around 0.5% of the population already, and there's a dozen other European and LatAm countries above 0.3% [1] - and not everyone has

Excess deaths in Peru are at around 0.5% of the population already, and there's a dozen other European and LatAm countries above 0.3% [1] - and not everyone has been infected yet. So 0.23% is certainly wrong in those regions. 0.23% IFR might be correct or even too high for India or African countries where maybe 2-3% of the population are pension-aged. In western countries with 18-20% pensioners, IFR is definitely above 0.5%. [1] https://www.economist.com/graphic-detail/coronavirus-excess-deaths-tracker https://www.economist.com/graphic-detail/coronavirus-excess-... Look at the second table