I hope not. Latest numbers for South Korea are 6,593 cases, 177 of which have resolved. Of those which have resolved, 42 have died. That's a Case Fatality Rate over the course of the disease of 24% (Don't count those who have not resolved because you don't know how they're going to resolve).
Alexa says 0.6%. ;-)
I think you need to divide the dead by the number of cases (not the dead by the recovered rate).
Those death numbers would be wonderful if true for all countries.