diff --git a/tests/entrypoints/openai/test_metrics.py b/tests/entrypoints/openai/test_metrics.py
index 469a5fb039fb6..64deaedf0f2c1 100644
--- a/tests/entrypoints/openai/test_metrics.py
+++ b/tests/entrypoints/openai/test_metrics.py
@@ -105,8 +105,6 @@ async def client(server):
 @pytest.mark.asyncio
 async def test_metrics_counts(server: RemoteOpenAIServer,
                               client: openai.AsyncClient, use_v1: bool):
-    if use_v1:
-        pytest.skip("Skipping test on vllm V1")
     for _ in range(_NUM_REQUESTS):
         # sending a request triggers the metrics to be logged.
         await client.completions.create(
@@ -120,6 +118,9 @@ async def test_metrics_counts(server: RemoteOpenAIServer,
 
     # Loop over all expected metric_families
     for metric_family, suffix_values_list in EXPECTED_VALUES.items():
+        if use_v1 and metric_family not in EXPECTED_METRICS_V1:
+            continue
+
         found_metric = False
 
         # Check to see if the metric_family is found in the prom endpoint.
@@ -199,6 +200,8 @@ async def test_metrics_counts(server: RemoteOpenAIServer,
 EXPECTED_METRICS_V1 = [
     "vllm:num_requests_running",
     "vllm:num_requests_waiting",
+    "vllm:prompt_tokens_total",
+    "vllm:generation_tokens_total",
 ]
 
 
diff --git a/vllm/v1/engine/async_llm.py b/vllm/v1/engine/async_llm.py
index 917d52d3220b8..022b6d0668e99 100644
--- a/vllm/v1/engine/async_llm.py
+++ b/vllm/v1/engine/async_llm.py
@@ -305,7 +305,8 @@ def _log_stats(
             return
 
         for logger in self.stat_loggers:
-            logger.log(scheduler_stats=scheduler_stats)
+            logger.log(scheduler_stats=scheduler_stats,
+                       iteration_stats=iteration_stats)
 
     def encode(
         self,
diff --git a/vllm/v1/metrics/loggers.py b/vllm/v1/metrics/loggers.py
index b84f03fa3267c..6a7bb423749e1 100644
--- a/vllm/v1/metrics/loggers.py
+++ b/vllm/v1/metrics/loggers.py
@@ -1,11 +1,12 @@
 import time
 from abc import ABC, abstractmethod
-from typing import Dict
+from typing import Dict, List
 
+import numpy as np
 import prometheus_client
 
 from vllm.logger import init_logger
-from vllm.v1.metrics.stats import SchedulerStats
+from vllm.v1.metrics.stats import IterationStats, SchedulerStats
 
 logger = init_logger(__name__)
 
@@ -15,27 +16,61 @@
 class StatLoggerBase(ABC):
 
     @abstractmethod
-    def log(self, scheduler_stats: SchedulerStats):
+    def log(self, scheduler_stats: SchedulerStats,
+            iteration_stats: IterationStats):
         ...
 
 
 class LoggingStatLogger(StatLoggerBase):
 
     def __init__(self):
-        self.last_log_time = time.monotonic()
+        self._reset(time.monotonic())
 
-    def log(self, scheduler_stats: SchedulerStats):
-        """Log Stats to standard output."""
+    def _reset(self, now):
+        self.last_log_time = now
+
+        # Tracked stats over current local logging interval.
+        self.num_prompt_tokens: List[int] = []
+        self.num_generation_tokens: List[int] = []
 
+    def _local_interval_elapsed(self, now: float) -> bool:
         # Log every _LOCAL_LOGGING_INTERVAL_SEC.
+        elapsed_time = now - self.last_log_time
+        return elapsed_time > _LOCAL_LOGGING_INTERVAL_SEC
+
+    def _track_iteration_stats(self, iteration_stats: IterationStats):
+        # Save tracked stats for token counters.
+        self.num_prompt_tokens.append(iteration_stats.num_prompt_tokens)
+        self.num_generation_tokens.append(
+            iteration_stats.num_generation_tokens)
+
+    def _get_throughput(self, tracked_stats: List[int], now: float) -> float:
+        # Compute summary metrics for tracked stats
+        return float(np.sum(tracked_stats) / (now - self.last_log_time))
+
+    def log(self, scheduler_stats: SchedulerStats,
+            iteration_stats: IterationStats):
+        """Log Stats to standard output."""
+
+        self._track_iteration_stats(iteration_stats)
+
         now = time.monotonic()
-        if now - self.last_log_time < _LOCAL_LOGGING_INTERVAL_SEC:
+        if not self._local_interval_elapsed(now):
             return
-        self.last_log_time = now
+
+        prompt_throughput = self._get_throughput(self.num_prompt_tokens, now)
+        generation_throughput = self._get_throughput(
+            self.num_generation_tokens, now)
+
+        self._reset(now)
 
         # Format and print output.
         logger.info(
+            "Avg prompt throughput: %.1f tokens/s, "
+            "Avg generation throughput: %.1f tokens/s, "
             "Running: %d reqs, Waiting: %d reqs ",
+            prompt_throughput,
+            generation_throughput,
             scheduler_stats.num_running_reqs,
             scheduler_stats.num_waiting_reqs,
         )
@@ -61,11 +96,26 @@ def __init__(self, labels: Dict[str, str]):
             documentation="Number of requests waiting to be processed.",
             labelnames=labelnames).labels(*labelvalues)
 
-    def log(self, scheduler_stats: SchedulerStats):
+        self.counter_prompt_tokens = prometheus_client.Counter(
+            name="vllm:prompt_tokens_total",
+            documentation="Number of prefill tokens processed.",
+            labelnames=labelnames).labels(*labelvalues)
+
+        self.counter_generation_tokens = prometheus_client.Counter(
+            name="vllm:generation_tokens_total",
+            documentation="Number of generation tokens processed.",
+            labelnames=labelnames).labels(*labelvalues)
+
+    def log(self, scheduler_stats: SchedulerStats,
+            iteration_stats: IterationStats):
         """Log to prometheus."""
         self.gauge_scheduler_running.set(scheduler_stats.num_running_reqs)
         self.gauge_scheduler_waiting.set(scheduler_stats.num_waiting_reqs)
 
+        self.counter_prompt_tokens.inc(iteration_stats.num_prompt_tokens)
+        self.counter_generation_tokens.inc(
+            iteration_stats.num_generation_tokens)
+
     @staticmethod
     def _unregister_vllm_metrics():
         # Unregister any existing vLLM collectors (for CI/CD