Taking America as an example, there are 6,200 cases of COVID-19 infection with 105 deaths. That's a death rate of around 1.6%, compared to a death rate of 13.7% from the annual 'flu.
Could you elaborate on your 13.7% figure?
The Spanish Influenza (i.e. the pandemic of 1918) in its most lethal form had a case fatality rate of slightly over 4%. The overall mortality rate is set by most sources at around 2.5%.