Iceland had several years with zero or one reported cycling fatalities, I can't find road fatalities quickly but I assume driving is less safe there, especially if I'm allowed to cherry-pick a zero-fatality year (where you'd have 0 fatalities per billion miles cycled).
"With 290 cyclist fatalities in 2022, cyclists were the largest group of road casualties." [1]
"Cycling prevents about 6500 deaths each year, and Dutch people have half-a-year-longer life expectancy because of cycling. These health benefits correspond to more than 3% of the Dutch gross domestic product. Our study confirmed that investments in bicycle-promoting policies (e.g., improved bicycle infrastructure and facilities) will likely yield a high cost–benefit ratio in the long term." [2]
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That's just the big picture though, I suspect your statistics are wrong directly as well. Cycling deaths are very skewed towards the elderly [3], so it appears that if you're under 50, cycling is statistically safer than driving, no matter how you look at it.
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[1]: https://english.kimnet.nl/publications/publications/2023/11/...
[2]: https://pmc.ncbi.nlm.nih.gov/articles/PMC4504332/
[3]: https://bicycledutch.wordpress.com/wp-content/uploads/2024/0... (https://bicycledutch.wordpress.com/2024/03/06/cycling-safety...)
Interesting tidbit from the report is that almost 50% of fatalities are in towns <100k population, 16% outside towns and 34% in pop centers > 100k. I would have guessed metro areas are more dangerous.