Data tells the truths of those who create it. COVID-19 is no different.
Why is it that Russia has reported the second-largest number of confirmed cases of COVID-19 globally and yet it’s ranked 140th out of 163 countries based on death rate from COVID-19, breaking the general rule of ‘more cases - more deaths’? We had a few theories: Russia is extremely successful in treating COVID-19, Russians are highly resistant to the virus, or the death toll is simply undercounted.
We dug in and found that death classification practices vary significantly across countries despite the availability of guidelines for classifying coronavirus deaths published by the World Health Organisation. Here are few examples:
Okay, so COVID-19 death counts are out in helping us understand the reality behind any country's total deaths from COVID-19. What data would be more helpful? Excess mortality rates is our answer, i.e. compare this year's overall death rate with the long term 5 or 10 year average. Unfortunately, most countries do not publish mortality figures daily, weekly, or even monthly, only annually, meaning we have to wait to answer this fully. We do have an inkling, however, as to what we’ll discover based on the weekly mortality data available for Europe, which reveals that the overall death rates are higher than reported COVID-19 deaths, suggesting European countries are not yet fully capturing COVID-19 related deaths in their daily figures.
Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.
(3 February 2020) As the World Health Organization has elevated the global public health threat level posed by the coronavirus to 'very high' (China) and 'high' (rest of the world), global economic health is also beginning to suffer. The number of people affected by the coronavirus globally may seem relatively small — just over 14,632 deaths and 335,953 people infected — yet without containment, especially to avoid spread to countries with weaker healthcare systems, the human (and economic) toll could rise rapidly into a full global epidemic. As the second-largest economy in the...
The Global Coronavirus Susceptibility Index* from Knoema offers an experimental look at the vulnerability of countries to the spread of coronavirus based on some of the factors currently understood to affect countries' exposure and ability to respond to the virus. The underlying data is sourced from a variety of global health, development, and governance organizations. This index can be used as a tool to balance considerations for responses at the country level, but like all other indices, we cannot guarantee the trajectory of events based on this data. In general, where risk was...
(27 March 2020) The force that is 'global social exclusion' is becoming a fatal event for some businesses that rely on in-person labor force and customers, while for others it is a chance for rapid growth and development of new services lines. As the coronavirus infections curve worldwide has shifted over recent weeks to become still steeper, entire companies have begun switching to remote work operations. Many industries, such as air travel, tourism, and retail are undergoing rapid business model adjustments to soften the impact of the COVID-19 pandemic. Below we share another...
Prosper Insights & Analytics has 18 years of experience producing market leading monthly survey-based research of consumers' overall confidence. In its most recent survey, Prosper asked consumers about their concerns with regard to the coronavirus pandemic and the related cancellation of major events. You can explore Prosper's latest findings in depth below, but we'll give the spoiler: 82% of US consumers expressed one form of concern or another and believe that they will somehow experience direct consequences of the pandemic. Moreover, for the first time in six months there is...
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