diff --git a/pkg/sql/conn_executor.go b/pkg/sql/conn_executor.go
index f9dc20d6824b..274ad8b90781 100644
--- a/pkg/sql/conn_executor.go
+++ b/pkg/sql/conn_executor.go
@@ -448,6 +448,9 @@ func makeServerMetrics(cfg *ExecutorConfig) ServerMetrics {
 				MetaSQLStatsFlushDuration, 6*metricsSampleInterval,
 			),
 			SQLStatsRemovedRows: metric.NewCounter(MetaSQLStatsRemovedRows),
+			SQLTxnStatsCollectionOverhead: metric.NewLatency(
+				MetaSQLTxnStatsCollectionOverhead, 6*metricsSampleInterval,
+			),
 		},
 	}
 }
diff --git a/pkg/sql/conn_executor_exec.go b/pkg/sql/conn_executor_exec.go
index 02bf2441bcca..ea4297c5fc8b 100644
--- a/pkg/sql/conn_executor_exec.go
+++ b/pkg/sql/conn_executor_exec.go
@@ -1984,6 +1984,14 @@ func (ex *connExecutor) recordTransaction(
 		// meaningful.
 		return nil
 	}
+	recordingStart := timeutil.Now()
+	defer func() {
+		recordingOverhead := timeutil.Since(recordingStart)
+		ex.server.
+			ServerMetrics.
+			StatsMetrics.
+			SQLTxnStatsCollectionOverhead.RecordValue(recordingOverhead.Nanoseconds())
+	}()
 
 	txnEnd := timeutil.Now()
 	txnTime := txnEnd.Sub(txnStart)
diff --git a/pkg/sql/exec_util.go b/pkg/sql/exec_util.go
index b19c36936001..5121d85d271a 100644
--- a/pkg/sql/exec_util.go
+++ b/pkg/sql/exec_util.go
@@ -1043,6 +1043,12 @@ var (
 		Measurement: "SQL Stats Cleanup",
 		Unit:        metric.Unit_COUNT,
 	}
+	MetaSQLTxnStatsCollectionOverhead = metric.Metadata{
+		Name:        "sql.stats.txn_stats_collection.duration",
+		Help:        "Time took in nanoseconds to collect transaction stats",
+		Measurement: "SQL Transaction Stats Collection Overhead",
+		Unit:        metric.Unit_NANOSECONDS,
+	}
 	MetaTxnRowsWrittenLog = metric.Metadata{
 		Name:        "sql.guardrails.transaction_rows_written_log.count",
 		Help:        "Number of transactions logged because of transaction_rows_written_log guardrail",
diff --git a/pkg/sql/executor_statement_metrics.go b/pkg/sql/executor_statement_metrics.go
index 06e63380d045..4f4ee3ab6132 100644
--- a/pkg/sql/executor_statement_metrics.go
+++ b/pkg/sql/executor_statement_metrics.go
@@ -76,6 +76,8 @@ type StatsMetrics struct {
 	SQLStatsFlushFailure  *metric.Counter
 	SQLStatsFlushDuration *metric.Histogram
 	SQLStatsRemovedRows   *metric.Counter
+
+	SQLTxnStatsCollectionOverhead *metric.Histogram
 }
 
 // StatsMetrics is part of the metric.Struct interface.
diff --git a/pkg/sql/sqlstats/persistedsqlstats/BUILD.bazel b/pkg/sql/sqlstats/persistedsqlstats/BUILD.bazel
index 517b906f3408..d5eabe909dfd 100644
--- a/pkg/sql/sqlstats/persistedsqlstats/BUILD.bazel
+++ b/pkg/sql/sqlstats/persistedsqlstats/BUILD.bazel
@@ -53,6 +53,7 @@ go_library(
 go_test(
     name = "persistedsqlstats_test",
     srcs = [
+        "bench_test.go",
         "compaction_test.go",
         "controller_test.go",
         "datadriven_test.go",
@@ -86,6 +87,7 @@ go_test(
         "//pkg/sql/tests",
         "//pkg/testutils",
         "//pkg/testutils/serverutils",
+        "//pkg/testutils/skip",
         "//pkg/testutils/sqlutils",
         "//pkg/testutils/testcluster",
         "//pkg/util/encoding",
diff --git a/pkg/sql/sqlstats/persistedsqlstats/bench_test.go b/pkg/sql/sqlstats/persistedsqlstats/bench_test.go
new file mode 100644
index 000000000000..ebb10adde996
--- /dev/null
+++ b/pkg/sql/sqlstats/persistedsqlstats/bench_test.go
@@ -0,0 +1,81 @@
+// Copyright 2022 The Cockroach Authors.
+//
+// Use of this software is governed by the Business Source License
+// included in the file licenses/BSL.txt.
+//
+// As of the Change Date specified in that file, in accordance with
+// the Business Source License, use of this software will be governed
+// by the Apache License, Version 2.0, included in the file
+// licenses/APL.txt.
+
+package persistedsqlstats_test
+
+import (
+	"context"
+	gosql "database/sql"
+	"fmt"
+	"sync"
+	"testing"
+
+	"github.com/cockroachdb/cockroach/pkg/base"
+	"github.com/cockroachdb/cockroach/pkg/sql"
+	"github.com/cockroachdb/cockroach/pkg/testutils/serverutils"
+	"github.com/cockroachdb/cockroach/pkg/testutils/skip"
+	"github.com/cockroachdb/cockroach/pkg/testutils/sqlutils"
+	"github.com/cockroachdb/cockroach/pkg/util/log"
+	"github.com/cockroachdb/cockroach/pkg/util/timeutil"
+)
+
+func BenchmarkConcurrentSelect1(b *testing.B) {
+	skip.UnderShort(b)
+	defer log.Scope(b).Close(b)
+	ctx := context.Background()
+
+	for _, numOfConcurrentConn := range []int{24, 48, 64} {
+		b.Run(fmt.Sprintf("concurrentConn=%d", numOfConcurrentConn), func(b *testing.B) {
+			s, db, _ := serverutils.StartServer(b, base.TestServerArgs{})
+			sqlServer := s.SQLServer().(*sql.Server)
+			defer s.Stopper().Stop(ctx)
+
+			starter := make(chan struct{})
+			latencyChan := make(chan float64, numOfConcurrentConn)
+			defer close(latencyChan)
+
+			var wg sync.WaitGroup
+			for connIdx := 0; connIdx < numOfConcurrentConn; connIdx++ {
+				sqlConn, err := db.Conn(ctx)
+				if err != nil {
+					b.Fatalf("unexpected error creating db conn: %s", err)
+				}
+				wg.Add(1)
+
+				go func(conn *gosql.Conn, idx int) {
+					defer wg.Done()
+					runner := sqlutils.MakeSQLRunner(conn)
+					<-starter
+
+					start := timeutil.Now()
+					for i := 0; i < b.N; i++ {
+						runner.Exec(b, "SELECT 1")
+					}
+					duration := timeutil.Since(start)
+					latencyChan <- float64(duration.Milliseconds()) / float64(b.N)
+				}(sqlConn, connIdx)
+			}
+
+			close(starter)
+			wg.Wait()
+
+			var totalLat float64
+			for i := 0; i < numOfConcurrentConn; i++ {
+				totalLat += <-latencyChan
+			}
+			b.ReportMetric(
+				sqlServer.ServerMetrics.
+					StatsMetrics.
+					SQLTxnStatsCollectionOverhead.
+					Snapshot().Mean(),
+				"overhead(ns/op)")
+		})
+	}
+}
diff --git a/pkg/ts/catalog/chart_catalog.go b/pkg/ts/catalog/chart_catalog.go
index 8396055e53b5..942bcbda7e42 100644
--- a/pkg/ts/catalog/chart_catalog.go
+++ b/pkg/ts/catalog/chart_catalog.go
@@ -1862,6 +1862,10 @@ var charts = []sectionDescription{
 				Title:   "Number of stale statement/transaction roles removed by cleanup job",
 				Metrics: []string{"sql.stats.cleanup.rows_removed"},
 			},
+			{
+				Title:   "Time took in nanoseconds to collect transaction stats",
+				Metrics: []string{"sql.stats.txn_stats_collection.duration"},
+			},
 		},
 	},
 	{
diff --git a/pkg/ts/catalog/metrics.go b/pkg/ts/catalog/metrics.go
index 03b93925cc35..301f662c4608 100644
--- a/pkg/ts/catalog/metrics.go
+++ b/pkg/ts/catalog/metrics.go
@@ -90,6 +90,7 @@ var histogramMetricsNames = map[string]struct{}{
 	"txnwaitqueue.pusher.wait_time":             {},
 	"txnwaitqueue.query.wait_time":              {},
 	"raft.process.applycommitted.latency":       {},
+	"sql.stats.txn_stats_collection.duration":   {},
 }
 
 func allInternalTSMetricsNames() []string {