diff --git a/src/v/pandaproxy/probe.cc b/src/v/pandaproxy/probe.cc
index a5dd7bb237d3f..bd4820b5dea6d 100644
--- a/src/v/pandaproxy/probe.cc
+++ b/src/v/pandaproxy/probe.cc
@@ -104,4 +104,78 @@ void probe::setup_public_metrics() {
          .aggregate(aggregate_labels)});
 }
 
+server_probe::server_probe(
+  server::context_t& ctx, const ss::sstring& group_name)
+  : _ctx(ctx)
+  , _group_name(group_name)
+  , _metrics()
+  , _public_metrics() {
+    setup_metrics();
+}
+
+void server_probe::setup_metrics() {
+    namespace sm = ss::metrics;
+
+    auto setup_common = [this]<typename MetricDef>() {
+        const auto usage = [](const size_t current, const size_t max) {
+            constexpr double divide_by_zero = -1.;
+            constexpr double invalid_values = -2.;
+            if (max == 0) {
+                return divide_by_zero;
+            }
+            if (current > max) {
+                return invalid_values;
+            }
+            const auto max_d = static_cast<double>(max);
+            const auto current_d = static_cast<double>(current);
+            return (max_d - current_d) / max_d;
+        };
+
+        std::vector<MetricDef> defs;
+        defs.reserve(3);
+        defs.emplace_back(
+          sm::make_gauge(
+            "inflight_requests_usage_ratio",
+            [this, usage] {
+                return usage(_ctx.inflight_sem.current(), _ctx.max_inflight);
+            },
+            sm::description(ssx::sformat(
+              "Usage ratio of in-flight requests for {}", _group_name)))
+            .aggregate({}));
+        defs.emplace_back(
+          sm::make_gauge(
+            "memory_usage_ratio",
+            [this, usage] {
+                return usage(_ctx.mem_sem.current(), _ctx.max_memory);
+            },
+            sm::description(
+              ssx::sformat("Usage ratio of memory for {}", _group_name)))
+            .aggregate({}));
+        defs.emplace_back(
+          sm::make_gauge(
+            "queued_requests_memory_blocked",
+            [this] { return _ctx.mem_sem.waiters(); },
+            sm::description(ssx::sformat(
+              "Number of requests queued in {}, due to memory limitations",
+              _group_name)))
+            .aggregate({}));
+        return defs;
+    };
+
+    if (!config::shard_local_cfg().disable_metrics()) {
+        _metrics.add_group(
+          _group_name,
+          setup_common
+            .template operator()<ss::metrics::impl::metric_definition_impl>(),
+          {},
+          {});
+    }
+
+    if (!config::shard_local_cfg().disable_public_metrics()) {
+        _public_metrics.add_group(
+          _group_name,
+          setup_common.template operator()<ss::metrics::metric_definition>());
+    }
+}
+
 } // namespace pandaproxy
diff --git a/src/v/pandaproxy/probe.h b/src/v/pandaproxy/probe.h
index 70270b2b67089..97a251b32f1f2 100644
--- a/src/v/pandaproxy/probe.h
+++ b/src/v/pandaproxy/probe.h
@@ -12,6 +12,7 @@
 #pragma once
 
 #include "metrics/metrics.h"
+#include "pandaproxy/server.h"
 #include "utils/log_hist.h"
 
 #include <seastar/core/metrics_registration.hh>
@@ -82,4 +83,22 @@ class probe {
     metrics::public_metric_groups _public_metrics;
 };
 
+class server_probe {
+public:
+    server_probe(server::context_t& ctx, const ss::sstring& group_name);
+    server_probe(const server_probe&) = delete;
+    server_probe& operator=(const server_probe&) = delete;
+    server_probe(server_probe&&) = delete;
+    server_probe& operator=(server_probe&&) = delete;
+    ~server_probe() = default;
+
+private:
+    void setup_metrics();
+
+    server::context_t& _ctx;
+    const ss::sstring& _group_name;
+    metrics::internal_metric_groups _metrics;
+    metrics::public_metric_groups _public_metrics;
+};
+
 } // namespace pandaproxy
diff --git a/src/v/pandaproxy/rest/proxy.cc b/src/v/pandaproxy/rest/proxy.cc
index 911c4aef1e660..7eb5eca96f088 100644
--- a/src/v/pandaproxy/rest/proxy.cc
+++ b/src/v/pandaproxy/rest/proxy.cc
@@ -113,7 +113,7 @@ proxy::proxy(
   , _inflight_config_binding(config::shard_local_cfg().max_in_flight_pandaproxy_requests_per_shard.bind())
   , _client(client)
   , _client_cache(client_cache)
-  , _ctx{{{{}, max_memory, _mem_sem, _inflight_sem, {}, smp_sg}, *this},
+  , _ctx{{{{}, max_memory, _mem_sem, _inflight_config_binding(), _inflight_sem, {}, smp_sg}, *this},
         {config::always_true(), config::shard_local_cfg().superusers.bind(), controller},
         _config.pandaproxy_api.value()}
   , _server(
@@ -126,8 +126,11 @@ proxy::proxy(
       json::serialization_format::application_json)
   , _ensure_started{[this]() { return do_start(); }}
   , _controller(controller) {
-    _inflight_config_binding.watch(
-      [this]() { _inflight_sem.set_capacity(_inflight_config_binding()); });
+    _inflight_config_binding.watch([this]() {
+        const size_t capacity = _inflight_config_binding();
+        _inflight_sem.set_capacity(capacity);
+        _ctx.max_inflight = capacity;
+    });
 }
 
 ss::future<> proxy::start() {
diff --git a/src/v/pandaproxy/schema_registry/service.cc b/src/v/pandaproxy/schema_registry/service.cc
index 77502d30c5e7e..056f38a73386a 100644
--- a/src/v/pandaproxy/schema_registry/service.cc
+++ b/src/v/pandaproxy/schema_registry/service.cc
@@ -614,7 +614,7 @@ service::service(
       config::shard_local_cfg()
         .max_in_flight_schema_registry_requests_per_shard.bind())
   , _client(client)
-  , _ctx{{{}, max_memory, _mem_sem, _inflight_sem, {}, smp_sg}, *this}
+  , _ctx{{{}, max_memory, _mem_sem, _inflight_config_binding(), _inflight_sem, {}, smp_sg}, *this}
   , _server(
       "schema_registry", // server_name
       "schema_registry", // public_metric_group_name
@@ -632,8 +632,11 @@ service::service(
       config::always_true(),
       config::shard_local_cfg().superusers.bind(),
       controller.get()} {
-    _inflight_config_binding.watch(
-      [this]() { _inflight_sem.set_capacity(_inflight_config_binding()); });
+    _inflight_config_binding.watch([this]() {
+        const size_t capacity = _inflight_config_binding();
+        _inflight_sem.set_capacity(capacity);
+        _ctx.max_inflight = capacity;
+    });
 }
 
 ss::future<> service::start() {
diff --git a/src/v/pandaproxy/server.cc b/src/v/pandaproxy/server.cc
index ea8ab73cfa637..1d96ea50a9e93 100644
--- a/src/v/pandaproxy/server.cc
+++ b/src/v/pandaproxy/server.cc
@@ -9,6 +9,8 @@
 
 #include "pandaproxy/server.h"
 
+#include "config/configuration.h"
+#include "metrics/metrics.h"
 #include "model/metadata.h"
 #include "net/dns.h"
 #include "net/tls_certificate_probe.h"
@@ -17,6 +19,7 @@
 #include "pandaproxy/probe.h"
 #include "pandaproxy/reply.h"
 #include "rpc/rpc_utils.h"
+#include "ssx/sformat.h"
 
 #include <seastar/core/coroutine.hh>
 #include <seastar/http/function_handlers.hh>
@@ -28,6 +31,7 @@
 
 #include <charconv>
 #include <exception>
+#include <memory>
 
 namespace pandaproxy {
 
@@ -156,7 +160,8 @@ server::server(
   , _api20(std::move(api20))
   , _has_routes(false)
   , _ctx(ctx)
-  , _exceptional_mime_type(exceptional_mime_type) {
+  , _exceptional_mime_type(exceptional_mime_type)
+  , _probe{} {
     _api20.set_api_doc(_server._routes);
     _api20.register_api_file(_server._routes, header);
     _api20.add_definitions_file(_server._routes, definitions);
@@ -201,6 +206,9 @@ ss::future<> server::start(
   const std::vector<model::broker_endpoint>& advertised) {
     _server._routes.register_exeption_handler(
       exception_replier{ss::sstring{name(_exceptional_mime_type)}});
+
+    _probe = std::make_unique<server_probe>(_ctx, _public_metrics_group_name);
+
     _ctx.advertised_listeners.reserve(endpoints.size());
     for (auto& server_endpoint : endpoints) {
         auto addr = co_await net::resolve_dns(server_endpoint.address);
@@ -240,13 +248,18 @@ ss::future<> server::start(
         }
         co_await _server.listen(addr, cred);
     }
+
     co_return;
 }
 
 ss::future<> server::stop() {
-    return _pending_reqs.close()
-      .finally([this]() { return _ctx.as.request_abort(); })
-      .finally([this]() mutable { return _server.stop(); });
+    return _pending_reqs.close().finally([this]() {
+        _ctx.as.request_abort();
+        _probe.reset(nullptr);
+        return _server.stop();
+    });
 }
 
+server::~server() noexcept = default;
+
 } // namespace pandaproxy
diff --git a/src/v/pandaproxy/server.h b/src/v/pandaproxy/server.h
index 7bca466fc052e..e854b0a8e86af 100644
--- a/src/v/pandaproxy/server.h
+++ b/src/v/pandaproxy/server.h
@@ -26,6 +26,7 @@
 #include <seastar/core/future.hh>
 #include <seastar/core/gate.hh>
 #include <seastar/core/shared_ptr.hh>
+#include <seastar/core/sstring.hh>
 #include <seastar/http/api_docs.hh>
 #include <seastar/http/handlers.hh>
 #include <seastar/http/httpd.hh>
@@ -40,6 +41,8 @@
 
 namespace pandaproxy {
 
+class server_probe;
+
 inline ss::shard_id user_shard(const ss::sstring& name) {
     auto hash = xxhash_64(name.data(), name.length());
     return jump_consistent_hash(hash, ss::smp::count);
@@ -71,6 +74,7 @@ class server {
         std::vector<net::unresolved_address> advertised_listeners;
         size_t max_memory;
         ssx::semaphore& mem_sem;
+        size_t max_inflight;
         adjustable_semaphore& inflight_sem;
         ss::abort_source as;
         ss::smp_service_group smp_sg;
@@ -104,9 +108,9 @@ class server {
     };
 
     server() = delete;
-    ~server() = default;
+    ~server() noexcept;
     server(const server&) = delete;
-    server(server&&) noexcept = default;
+    server(server&&) noexcept = delete;
     server& operator=(const server&) = delete;
     server& operator=(server&&) = delete;
 
@@ -136,6 +140,7 @@ class server {
     bool _has_routes;
     context_t& _ctx;
     json::serialization_format _exceptional_mime_type;
+    std::unique_ptr<server_probe> _probe;
 };
 
 template<typename service_t>