diff --git a/charts/postgres-operator/crds/postgresqls.yaml b/charts/postgres-operator/crds/postgresqls.yaml
index 13811936d..ad11f6407 100644
--- a/charts/postgres-operator/crds/postgresqls.yaml
+++ b/charts/postgres-operator/crds/postgresqls.yaml
@@ -557,6 +557,8 @@ spec:
                 required:
                   - size
                 properties:
+                  iops:
+                    type: integer
                   size:
                     type: string
                     pattern: '^(\d+(e\d+)?|\d+(\.\d+)?(e\d+)?[EPTGMK]i?)$'
@@ -565,6 +567,8 @@ spec:
                     type: string
                   subPath:
                     type: string
+                  throughput:
+                    type: integer
           status:
             type: object
             additionalProperties:
diff --git a/docs/reference/cluster_manifest.md b/docs/reference/cluster_manifest.md
index 589921bc5..1b2d71a66 100644
--- a/docs/reference/cluster_manifest.md
+++ b/docs/reference/cluster_manifest.md
@@ -338,13 +338,13 @@ archive is supported.
   the url to S3 bucket containing the WAL archive of the remote primary.
   Required when the `standby` section is present.
 
-## EBS volume resizing
+## Volume properties
 
 Those parameters are grouped under the `volume` top-level key and define the
 properties of the persistent storage that stores Postgres data.
 
 * **size**
-  the size of the target EBS volume. Usual Kubernetes size modifiers, i.e. `Gi`
+  the size of the target volume. Usual Kubernetes size modifiers, i.e. `Gi`
   or `Mi`, apply. Required.
 
 * **storageClass**
@@ -356,6 +356,14 @@ properties of the persistent storage that stores Postgres data.
 * **subPath**
   Subpath to use when mounting volume into Spilo container. Optional.
 
+* **iops**
+  When running the operator on AWS the latest generation of EBS volumes (`gp3`)
+  allows for configuring the number of IOPS. Maximum is 16000. Optional.
+
+* **throughput**
+  When running the operator on AWS the latest generation of EBS volumes (`gp3`)
+  allows for configuring the throughput in MB/s. Maximum is 1000. Optional.
+
 ## Sidecar definitions
 
 Those parameters are defined under the `sidecars` key. They consist of a list
diff --git a/manifests/complete-postgres-manifest.yaml b/manifests/complete-postgres-manifest.yaml
index 412bac29b..f721f0ccb 100644
--- a/manifests/complete-postgres-manifest.yaml
+++ b/manifests/complete-postgres-manifest.yaml
@@ -44,6 +44,8 @@ spec:
   volume:
     size: 1Gi
 #    storageClass: my-sc
+#    iops: 1000  # for EBS gp3
+ #   throughput: 250  # in MB/s for EBS gp3
   additionalVolumes:
     - name: empty
       mountPath: /opt/empty
diff --git a/manifests/postgresql.crd.yaml b/manifests/postgresql.crd.yaml
index d5170e9d4..61a04144c 100644
--- a/manifests/postgresql.crd.yaml
+++ b/manifests/postgresql.crd.yaml
@@ -553,6 +553,8 @@ spec:
                 required:
                   - size
                 properties:
+                  iops:
+                    type: integer
                   size:
                     type: string
                     pattern: '^(\d+(e\d+)?|\d+(\.\d+)?(e\d+)?[EPTGMK]i?)$'
@@ -561,6 +563,8 @@ spec:
                     type: string
                   subPath:
                     type: string
+                  throughput:
+                    type: integer
           status:
             type: object
             additionalProperties:
diff --git a/pkg/apis/acid.zalan.do/v1/crds.go b/pkg/apis/acid.zalan.do/v1/crds.go
index f03b4c2ab..02d40342f 100644
--- a/pkg/apis/acid.zalan.do/v1/crds.go
+++ b/pkg/apis/acid.zalan.do/v1/crds.go
@@ -835,6 +835,9 @@ var PostgresCRDResourceValidation = apiextv1.CustomResourceValidation{
 						Type:     "object",
 						Required: []string{"size"},
 						Properties: map[string]apiextv1.JSONSchemaProps{
+							"iops": {
+								Type: "integer",
+							},
 							"size": {
 								Type:        "string",
 								Description: "Value must not be zero",
@@ -846,6 +849,9 @@ var PostgresCRDResourceValidation = apiextv1.CustomResourceValidation{
 							"subPath": {
 								Type: "string",
 							},
+							"throughput": {
+								Type: "integer",
+							},
 						},
 					},
 				},