this compares actual recorded deaths from all causes with that which would normally be expected taking into account the season - there is often a small hump in Winter due to seasonal influenza, etc.
this gives a reasonably reliable estimate but unfortunately cannot distinguish deaths directly caused by the pathogen versus indirect causes of death without the infection being present
furthermore, it can only be calculated on the basis of accurate, high-frequency data on mortality from previous years and few countries can provide this
this can be measured as a P-score or Percentage difference compared with similar period in past years
-
Covid-19 and overall mortality in various countries to Aug 2020 (source: Nature Sept 2020: How many people has the coronavirus killed?):