diff --git a/block/block-copy.c b/block/block-copy.c
index 39ae481c8b4b74b936355854602a21a8e22283cc..9b4af00614ccad0d22f90707459ff57878bb3f48 100644
--- a/block/block-copy.c
+++ b/block/block-copy.c
@@ -230,6 +230,7 @@ void block_copy_state_free(BlockCopyState *s)
         return;
     }
 
+    ratelimit_destroy(&s->rate_limit);
     bdrv_release_dirty_bitmap(s->copy_bitmap);
     shres_destroy(s->mem);
     g_free(s);
@@ -289,6 +290,7 @@ BlockCopyState *block_copy_state_new(BdrvChild *source, BdrvChild *target,
         s->copy_size = MAX(s->cluster_size, BLOCK_COPY_MAX_BUFFER);
     }
 
+    ratelimit_init(&s->rate_limit);
     QLIST_INIT(&s->tasks);
     QLIST_INIT(&s->calls);
 
diff --git a/blockjob.c b/blockjob.c
index 2fe1d788ba3334deae317039910562582913b9a4..dc1d9e0e464df86709cc4046cf06b845a113fd73 100644
--- a/blockjob.c
+++ b/blockjob.c
@@ -87,6 +87,7 @@ void block_job_free(Job *job)
 
     block_job_remove_all_bdrv(bjob);
     blk_unref(bjob->blk);
+    ratelimit_destroy(&bjob->limit);
     error_free(bjob->blocker);
 }
 
@@ -442,6 +443,8 @@ void *block_job_create(const char *job_id, const BlockJobDriver *driver,
     assert(job->job.driver->free == &block_job_free);
     assert(job->job.driver->user_resume == &block_job_user_resume);
 
+    ratelimit_init(&job->limit);
+
     job->blk = blk;
 
     job->finalize_cancelled_notifier.notify = block_job_event_cancelled;
diff --git a/include/qemu/ratelimit.h b/include/qemu/ratelimit.h
index 01da8d63f149264144465e935c672d91c0849e13..003ea6d5a364f693ca542c1edd1c3ab74e31061d 100644
--- a/include/qemu/ratelimit.h
+++ b/include/qemu/ratelimit.h
@@ -14,9 +14,11 @@
 #ifndef QEMU_RATELIMIT_H
 #define QEMU_RATELIMIT_H
 
+#include "qemu/lockable.h"
 #include "qemu/timer.h"
 
 typedef struct {
+    QemuMutex lock;
     int64_t slice_start_time;
     int64_t slice_end_time;
     uint64_t slice_quota;
@@ -40,6 +42,7 @@ static inline int64_t ratelimit_calculate_delay(RateLimit *limit, uint64_t n)
     int64_t now = qemu_clock_get_ns(QEMU_CLOCK_REALTIME);
     double delay_slices;
 
+    QEMU_LOCK_GUARD(&limit->lock);
     assert(limit->slice_quota && limit->slice_ns);
 
     if (limit->slice_end_time < now) {
@@ -65,9 +68,20 @@ static inline int64_t ratelimit_calculate_delay(RateLimit *limit, uint64_t n)
     return limit->slice_end_time - now;
 }
 
+static inline void ratelimit_init(RateLimit *limit)
+{
+    qemu_mutex_init(&limit->lock);
+}
+
+static inline void ratelimit_destroy(RateLimit *limit)
+{
+    qemu_mutex_destroy(&limit->lock);
+}
+
 static inline void ratelimit_set_speed(RateLimit *limit, uint64_t speed,
                                        uint64_t slice_ns)
 {
+    QEMU_LOCK_GUARD(&limit->lock);
     limit->slice_ns = slice_ns;
     limit->slice_quota = MAX(((double)speed * slice_ns) / 1000000000ULL, 1);
 }