diff --git a/packages/@aws-cdk/toolkit-lib/package.json b/packages/@aws-cdk/toolkit-lib/package.json
index ee45e1df2..e0510cb95 100644
--- a/packages/@aws-cdk/toolkit-lib/package.json
+++ b/packages/@aws-cdk/toolkit-lib/package.json
@@ -121,7 +121,7 @@
     "fast-deep-equal": "^3.1.3",
     "fast-glob": "^3.3.3",
     "fs-extra": "^11",
-    "p-limit": "^3",
+    "p-limit": "^4",
     "picomatch": "^4",
     "semver": "^7.8.0",
     "split2": "^4.2.0",
diff --git a/packages/aws-cdk/package.json b/packages/aws-cdk/package.json
index 2404e3008..050bc846b 100644
--- a/packages/aws-cdk/package.json
+++ b/packages/aws-cdk/package.json
@@ -127,7 +127,7 @@
     "enquirer": "^2.4.1",
     "fast-glob": "^3.3.3",
     "fs-extra": "^11",
-    "p-limit": "^3",
+    "p-limit": "^4",
     "p-queue": "^6",
     "picomatch": "^4.0.4",
     "promptly": "^3.2.0",
diff --git a/yarn.lock b/yarn.lock
index 0159e90cf..e56a7bf50 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -501,7 +501,7 @@ __metadata:
     license-checker: "npm:^25.0.1"
     nock: "npm:13"
     nx: "npm:^22.7.2"
-    p-limit: "npm:^3"
+    p-limit: "npm:^4"
     picomatch: "npm:^4"
     prettier: "npm:^2.8"
     projen: "npm:^0.99.68"
@@ -7783,7 +7783,7 @@ __metadata:
     nock: "npm:13"
     node-backpack: "npm:^1.1.34"
     nx: "npm:^22.7.2"
-    p-limit: "npm:^3"
+    p-limit: "npm:^4"
     p-queue: "npm:^6"
     picomatch: "npm:^4.0.4"
     prettier: "npm:^2.8"
@@ -15022,7 +15022,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"p-limit@npm:^3, p-limit@npm:^3.0.2, p-limit@npm:^3.1.0":
+"p-limit@npm:^3.0.2, p-limit@npm:^3.1.0":
   version: 3.1.0
   resolution: "p-limit@npm:3.1.0"
   dependencies:
@@ -15031,6 +15031,15 @@ __metadata:
   languageName: node
   linkType: hard
 
+"p-limit@npm:^4":
+  version: 4.0.0
+  resolution: "p-limit@npm:4.0.0"
+  dependencies:
+    yocto-queue: "npm:^1.0.0"
+  checksum: 10c0/a56af34a77f8df2ff61ddfb29431044557fcbcb7642d5a3233143ebba805fc7306ac1d448de724352861cb99de934bc9ab74f0d16fe6a5460bdbdf938de875ad
+  languageName: node
+  linkType: hard
+
 "p-locate@npm:^2.0.0":
   version: 2.0.0
   resolution: "p-locate@npm:2.0.0"
@@ -18690,6 +18699,13 @@ __metadata:
   languageName: node
   linkType: hard
 
+"yocto-queue@npm:^1.0.0":
+  version: 1.2.2
+  resolution: "yocto-queue@npm:1.2.2"
+  checksum: 10c0/36d4793e9cf7060f9da543baf67c55e354f4862c8d3d34de1a1b1d7c382d44171315cc54abf84d8900b8113d742b830108a1434f4898fb244f9b7e8426d4b8f5
+  languageName: node
+  linkType: hard
+
 "zip-stream@npm:^6.0.1":
   version: 6.0.1
   resolution: "zip-stream@npm:6.0.1"