The countries are based in the 2021 year in review https://www.inaturalist.org/stats/2021 so, no it has not been updated to reflect where we are in 2022. I was planning on waiting until the report came out for 2022 to change the countries. Although, I probably finished my list on the 26th of December when I posted about the project in the Needs ID’ pile, and identifications topic - so the country list may be slightly off 
Maybe I’ll audit it.
@fffffffff I know you know this but for low observation countries in Europe based on this project one could use this link and insert /identify into the URL between observations and ?
...observations?... ==> ...observations/identify?...
Or from the above link narrow it down to the showing country of choice.