They wrote that "... diagnostic specimens are not always obtained from people who die with influenza and the viruses might no longer be detectable by the time of death in some people".
The team estimated there were 284,500 deaths from swine flu in the 12 months from April 2009. But the figure may be as high as 575,400, they said.
Between 250,000 and 500,000 people die of seasonal influenza every year, according to the WHO.
The first cases of H1N1 strain arrived in New Zealand on April 25, 2009, with students from Auckland's Rangitoto College returning from a trip to Mexico.
In the months that followed, the Ministry of Health reported more than 3500 cases of swine flu infection, and it was recorded as responsible for 20 deaths, although a dozen more may have resulted from infection.
In the 2009 flu season, H1N1 was the predominant virus, said Dr Dawood.
But comparing the numbers alone did not yield an accurate picture, she stressed, as 80 per cent of swine flu victims were younger than 65, while the yearly seasonal flu mainly tends to claim older victims.
The researchers said 51 per cent of swine flu deaths were estimated to have occurred in southeast Asia and Africa, which account for 38 per cent of the world's population.
The H1N1 virus affected some 214 countries and territories after it was uncovered in Mexico and the United States in April 2009. AAP