COVID-19 mortality rate is orders of magnitude higher than influenza. 3.4-5.9% from what I am seeing. The common flu in the US has an average mortality rate of 14.9 per 100,000... COVID-19 on the same scale has a predicted mortality (based on current numbers) of 3,400 per 100,000.
https://www.businessinsider.com/south-korea-coronavirus-testing-death-rate-2020-3
South Korea seems to be the only country with widescale testing. Their mortality rate is MUCH lower.