diff --git a/go.mod b/go.mod
index d792b94de..8513f6394 100644
--- a/go.mod
+++ b/go.mod
@@ -62,6 +62,7 @@ require (
 	golang.org/x/net v0.23.0 // indirect
 	golang.org/x/sys v0.20.0 // indirect
 	golang.org/x/text v0.14.0 // indirect
+	golang.org/x/time v0.6.0 // indirect
 	google.golang.org/appengine v1.6.7 // indirect
 	google.golang.org/genproto/googleapis/rpc v0.0.0-20230525234030-28d5490b6b19 // indirect
 	google.golang.org/grpc v1.57.1 // indirect
diff --git a/go.sum b/go.sum
index bc8fd481f..05986eacf 100644
--- a/go.sum
+++ b/go.sum
@@ -481,6 +481,8 @@ golang.org/x/text v0.6.0/go.mod h1:mrYo+phRRbMaCq/xk9113O4dZlRixOauAjOtrjsXDZ8=
 golang.org/x/text v0.14.0 h1:ScX5w1eTa3QqT8oi6+ziP7dTV1S2+ALU0bI+0zXKWiQ=
 golang.org/x/text v0.14.0/go.mod h1:18ZOQIKpY8NJVqYksKHtTdi31H5itFRjB5/qKTNYzSU=
 golang.org/x/time v0.0.0-20190308202827-9d24e82272b4/go.mod h1:tRJNPiyCQ0inRvYxbN9jk5I+vvW/OXSQhTDSoE431IQ=
+golang.org/x/time v0.6.0 h1:eTDhh4ZXt5Qf0augr54TN6suAUudPcawVZeIAPU7D4U=
+golang.org/x/time v0.6.0/go.mod h1:3BpzKBy/shNhVucY/MWOyx10tF3SFh9QdLuxbVysPQM=
 golang.org/x/tools v0.0.0-20180221164845-07fd8470d635/go.mod h1:n7NCudcB/nEzxVGmLbDWY5pfWTLqBcC2KZ6jyYvM4mQ=
 golang.org/x/tools v0.0.0-20180525024113-a5b4c53f6e8b/go.mod h1:n7NCudcB/nEzxVGmLbDWY5pfWTLqBcC2KZ6jyYvM4mQ=
 golang.org/x/tools v0.0.0-20180917221912-90fa682c2a6e/go.mod h1:n7NCudcB/nEzxVGmLbDWY5pfWTLqBcC2KZ6jyYvM4mQ=
diff --git a/newrelic/config.go b/newrelic/config.go
index 01eb9a3a9..87ac6ae99 100644
--- a/newrelic/config.go
+++ b/newrelic/config.go
@@ -13,6 +13,8 @@ import (
 
 	"github.com/hashicorp/terraform-plugin-sdk/v2/helper/logging"
 	"github.com/mitchellh/go-homedir"
+	"golang.org/x/sync/semaphore"
+	"golang.org/x/time/rate"
 
 	insights "github.com/newrelic/go-insights/client"
 	nr "github.com/newrelic/newrelic-client-go/v2/newrelic"
@@ -20,22 +22,49 @@ import (
 
 // Config contains New Relic provider settings
 type Config struct {
-	AdminAPIKey          string
-	PersonalAPIKey       string
-	Region               string
-	APIURL               string
-	CACertFile           string
-	InfrastructureAPIURL string
-	InsecureSkipVerify   bool
-	InsightsAccountID    string
-	InsightsInsertKey    string
-	InsightsInsertURL    string
-	InsightsQueryKey     string
-	InsightsQueryURL     string
-	NerdGraphAPIURL      string
-	SyntheticsAPIURL     string
-	userAgent            string
-	serviceName          string
+	AdminAPIKey           string
+	PersonalAPIKey        string
+	Region                string
+	APIURL                string
+	CACertFile            string
+	InfrastructureAPIURL  string
+	InsecureSkipVerify    bool
+	InsightsAccountID     string
+	InsightsInsertKey     string
+	InsightsInsertURL     string
+	InsightsQueryKey      string
+	InsightsQueryURL      string
+	NerdGraphAPIURL       string
+	SyntheticsAPIURL      string
+	userAgent             string
+	serviceName           string
+	MaxRequestsPerSecond  int
+	MaxConcurrentRequests int
+}
+
+type ThrottledRoundTripper struct {
+	original    http.RoundTripper
+	ratelimiter *rate.Limiter
+	concurrency *semaphore.Weighted
+}
+
+func NewThrottledRoundTripper(rt http.RoundTripper, maxRequestsPerSecond int, maxConcurrentRequests int) *ThrottledRoundTripper {
+	return &ThrottledRoundTripper{
+		original:    rt,
+		ratelimiter: rate.NewLimiter(rate.Limit(maxRequestsPerSecond), maxRequestsPerSecond),
+		concurrency: semaphore.NewWeighted(int64(maxConcurrentRequests)),
+	}
+}
+
+func (t *ThrottledRoundTripper) RoundTrip(req *http.Request) (*http.Response, error) {
+	ctx := req.Context()
+
+	if err := t.concurrency.Acquire(ctx, 1); err != nil {
+		return nil, err
+	}
+	defer t.concurrency.Release(1)
+	t.ratelimiter.Wait(ctx)
+	return t.original.RoundTrip(req)
 }
 
 // Client returns a new client for accessing New Relic
@@ -75,7 +104,8 @@ func (c *Config) Client() (*nr.NewRelic, error) {
 		t = logging.NewTransport("newrelic", t)
 	}
 
-	options = append(options, nr.ConfigHTTPTransport(t))
+	throttledTransport := NewThrottledRoundTripper(t, c.MaxRequestsPerSecond, c.MaxConcurrentRequests)
+	options = append(options, nr.ConfigHTTPTransport(throttledTransport))
 
 	if c.APIURL != "" {
 		options = append(options, nr.ConfigBaseURL(c.APIURL))
diff --git a/newrelic/provider.go b/newrelic/provider.go
index dfeecd2f6..8ad9073bb 100755
--- a/newrelic/provider.go
+++ b/newrelic/provider.go
@@ -117,6 +117,16 @@ func Provider() *schema.Provider {
 				Optional:    true,
 				DefaultFunc: schema.EnvDefaultFunc("NEW_RELIC_API_CACERT", ""),
 			},
+			"max_requests_per_second": {
+				Type:        schema.TypeInt,
+				Optional:    true,
+				DefaultFunc: schema.EnvDefaultFunc("NEW_RELIC_MAX_REQUESTS_PER_SECOND", 600),
+			},
+			"max_concurrent_requests": {
+				Type:        schema.TypeInt,
+				Optional:    true,
+				DefaultFunc: schema.EnvDefaultFunc("NEW_RELIC_MAX_CONCURRENT_REQUESTS", 25),
+			},
 		},
 
 		DataSourcesMap: map[string]*schema.Resource{
@@ -234,17 +244,19 @@ func providerConfigure(data *schema.ResourceData, terraformVersion string) (inte
 	log.Printf("[INFO] UserAgent: %s", userAgent)
 
 	cfg := Config{
-		AdminAPIKey:          adminAPIKey,
-		PersonalAPIKey:       personalAPIKey,
-		Region:               data.Get("region").(string),
-		APIURL:               data.Get("api_url").(string),
-		SyntheticsAPIURL:     data.Get("synthetics_api_url").(string),
-		NerdGraphAPIURL:      data.Get("nerdgraph_api_url").(string),
-		InfrastructureAPIURL: getInfraAPIURL(data),
-		userAgent:            userAgent,
-		InsecureSkipVerify:   data.Get("insecure_skip_verify").(bool),
-		CACertFile:           data.Get("cacert_file").(string),
-		serviceName:          userAgentServiceName,
+		AdminAPIKey:           adminAPIKey,
+		PersonalAPIKey:        personalAPIKey,
+		Region:                data.Get("region").(string),
+		APIURL:                data.Get("api_url").(string),
+		SyntheticsAPIURL:      data.Get("synthetics_api_url").(string),
+		NerdGraphAPIURL:       data.Get("nerdgraph_api_url").(string),
+		InfrastructureAPIURL:  getInfraAPIURL(data),
+		userAgent:             userAgent,
+		InsecureSkipVerify:    data.Get("insecure_skip_verify").(bool),
+		CACertFile:            data.Get("cacert_file").(string),
+		serviceName:           userAgentServiceName,
+		MaxRequestsPerSecond:  data.Get("max_requests_per_second").(int),
+		MaxConcurrentRequests: data.Get("max_concurrent_requests").(int),
 	}
 	log.Println("[INFO] Initializing newrelic-client-go")