Bill Gates has a prediction about the COVID-19 pandemic and what it will be like in the near future; deaths and infections from the virus will fall behind those from the seasonal flu in 2022.

Speaking at the Bloomberg New Economy Forum in Singapore, the billionaire philanthropist said the combination of natural immunity and the emergence of vaccines or other treatments for COVID-19 will push down infection rates "dramatically."

“The vaccines are very good news, and the supply constraints will be largely solved as we get out in the middle of next year, and so we’ll be limited by the logistics and the demand,” Gates said in a virtual interview seen by atendees.

COVID-19 has killed 5,128,082 people and there have been over 255,217,160 cases worldwide, according to the Johns Hopkins University COVID-19 dashboard.

The flu was previously one of the deadliest and most widespread diseases in the world with the Spanish flu being the last pandemic to have spread in a similar way to COVID-19.

Flu deaths have come down dramatically in the last century, but the World Health Organization (WHO) estimates that between 290,000 and 650,000 people die from the flu annually.