diff --git a/.gitignore b/.gitignore
index 936773e..e62d4da 100644
--- a/.gitignore
+++ b/.gitignore
@@ -104,3 +104,4 @@
 
 contrib/libosmocore.spec
 /utils/osmo-ns-dummy
+utils/osmo-stat-dummy/osmo-stat-dummy
diff --git a/configure.ac b/configure.ac
index 63cd7a9..3d9492e 100644
--- a/configure.ac
+++ b/configure.ac
@@ -599,6 +599,7 @@
 	tests/Makefile
 	tests/atlocal
 	utils/Makefile
+	utils/osmo-stat-dummy/Makefile
 	Doxyfile.core
 	Doxyfile.gsm
 	Doxyfile.vty
diff --git a/utils/Makefile.am b/utils/Makefile.am
index 712f01a..80d1566 100644
--- a/utils/Makefile.am
+++ b/utils/Makefile.am
@@ -29,6 +29,10 @@
 endif
 
 if ENABLE_EXT_TESTS
+SUBDIRS = \
+	osmo-stat-dummy \
+	$(NULL)
+
 if ENABLE_GB
 noinst_PROGRAMS += osmo-ns-dummy
 osmo_ns_dummy_SOURCES = osmo-ns-dummy.c osmo-ns-dummy-vty.c
diff --git a/utils/osmo-stat-dummy/Makefile.am b/utils/osmo-stat-dummy/Makefile.am
new file mode 100644
index 0000000..8184d9c
--- /dev/null
+++ b/utils/osmo-stat-dummy/Makefile.am
@@ -0,0 +1,8 @@
+noinst_PROGRAMS = osmo-stat-dummy
+osmo_stat_dummy_SOURCES = osmo-stat-dummy.c
+osmo_stat_dummy_LDADD = $(LDADD) $(TALLOC_LIBS) \
+			$(top_builddir)/src/vty/libosmovty.la \
+			$(top_builddir)/src/ctrl/libosmoctrl.la \
+			$(top_builddir)/src/libosmocore.la
+osmo_stat_dummy_CFLAGS = -Wall $(TALLOC_CFLAGS) $(LIBOSMOCORE_CFLAGS) $(LIBOSMOVTY_CFLAGS) $(LIBOSMOCTRL_CFLAGS)
+osmo_stat_dummy_CPPFLAGS = -I$(top_srcdir)/include -I$(top_builddir)/include
diff --git a/utils/osmo-stat-dummy/README.md b/utils/osmo-stat-dummy/README.md
new file mode 100644
index 0000000..34ffbb4
--- /dev/null
+++ b/utils/osmo-stat-dummy/README.md
@@ -0,0 +1,12 @@
+# Osmocom utilities
+
+* osmo-stat-dummy: utility for rate counter and statsd testing
+
+It has 2 rate counters: one ticks twice a seconds, another one can be manually updated with 'update-rate-ctr' command via vty.
+
+The raw value is sent via statsd protocol. If you install "netdata" monitoring tool than you can open http://localhost:19999 in browser
+and observe live counters monitoring under "StatsD dummy" without any additional setup.
+
+Opening osmo-stat-dummy.html in browser while both netdata and osmo-stat-dummy are running will show dimensioned (per min/hour/day) rate counters as well as raw data.
+
+The latter is handy for troubleshooting and comparing libosmocore's internal rate counter computation.
diff --git a/utils/osmo-stat-dummy/osmo-stat-dummy.c b/utils/osmo-stat-dummy/osmo-stat-dummy.c
new file mode 100644
index 0000000..d8036e4
--- /dev/null
+++ b/utils/osmo-stat-dummy/osmo-stat-dummy.c
@@ -0,0 +1,335 @@
+/* Rate counter and statsd test application */
+/* (C) 2022 by by sysmocom - s.f.m.c. GmbH
+ * All Rights Reserved
+ *
+ * This program is free software; you can redistribute it and/or modify
+ * it under the terms of the GNU General Public License as published by
+ * the Free Software Foundation; either version 3 of the License, or
+ * (at your option) any later version.
+ *
+ * This program is distributed in the hope that it will be useful,
+ * but WITHOUT ANY WARRANTY; without even the implied warranty of
+ * MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
+ * GNU General Public License for more details.
+ *
+ */
+
+#include <errno.h>
+#include <stdlib.h>
+#include <stdio.h>
+#include <getopt.h>
+#include <signal.h>
+#include <unistd.h>
+#include <inttypes.h>
+
+#include <osmocom/core/select.h>
+#include <osmocom/core/application.h>
+#include <osmocom/core/stats.h>
+#include <osmocom/ctrl/control_if.h>
+#include <osmocom/ctrl/control_vty.h>
+#include <osmocom/vty/vty.h>
+#include <osmocom/vty/telnet_interface.h>
+#include <osmocom/vty/command.h>
+#include <osmocom/vty/ports.h>
+#include <osmocom/vty/tdef_vty.h>
+#include <osmocom/vty/logging.h>
+#include <osmocom/vty/stats.h>
+#include <osmocom/vty/misc.h>
+
+#include "../../config.h"
+
+void *tall_statdummy_ctx  = NULL;
+static bool quit = false;
+static bool config_given = false;
+struct rate_ctr_group *g_ctrg;
+
+enum dummy_rate_ctr_idx {
+	DUMMY_VTY = 0,
+	DUMMY_AUTO,
+};
+
+static void print_help(void)
+{
+	printf("Some useful options:\n"
+		"  -h	--help			This text\n"
+		"  -c	--config-file		Specify the filename of the config file\n"
+		"  -V	--version		Print version\n"
+		"\nVTY reference generation:\n"
+		"	--vty-ref-mode MODE	VTY reference generation mode (e.g. 'expert').\n"
+		"	--vty-ref-xml		Generate the VTY reference XML output and exit.\n"
+		);
+}
+
+static void handle_long_options(const char *prog_name, const int long_option)
+{
+	static int vty_ref_mode = VTY_REF_GEN_MODE_DEFAULT;
+
+	switch (long_option) {
+	case 1:
+		vty_ref_mode = get_string_value(vty_ref_gen_mode_names, optarg);
+		if (vty_ref_mode < 0) {
+			fprintf(stderr, "%s: Unknown VTY reference generation mode '%s'\n", prog_name, optarg);
+			exit(2);
+		}
+		break;
+	case 2:
+		fprintf(stderr, "Generating the VTY reference in mode '%s' (%s)\n",
+			get_value_string(vty_ref_gen_mode_names, vty_ref_mode),
+			get_value_string(vty_ref_gen_mode_desc, vty_ref_mode));
+		vty_dump_xml_ref_mode(stdout, (enum vty_ref_gen_mode) vty_ref_mode);
+		exit(0);
+	default:
+		fprintf(stderr, "%s: error parsing cmdline options\n", prog_name);
+		exit(2);
+	}
+}
+
+static char *handle_options(int argc, char **argv)
+{
+	char *config_file = NULL;
+
+	while (1) {
+		int option_idx = 0, c;
+		static int long_option = 0;
+		static const struct option long_options[] = {
+			{ "help", 0, 0, 'h' },
+			{ "config-file", 1, 0, 'c' },
+			{ "version", 0, 0, 'V' },
+			{ "vty-ref-mode", 1, &long_option, 1 },
+			{ "vty-ref-xml", 0, &long_option, 2 },
+			{ 0, 0, 0, 0 }
+		};
+
+		c = getopt_long(argc, argv, "hc:V", long_options, &option_idx);
+		if (c == -1)
+			break;
+
+		switch (c) {
+		case 'h':
+			print_help();
+			exit(0);
+			break;
+		case 0:
+			handle_long_options(argv[0], long_option);
+			break;
+		case 'c':
+			if (config_file)
+				free(config_file);
+			config_file = optarg;
+			config_given = true;
+			break;
+		case 'V':
+			print_version(1);
+			exit(0);
+			break;
+		default:
+			fprintf(stderr, "Unknown option '%c'\n", c);
+			exit(0);
+			break;
+		}
+	}
+
+	if (!config_file)
+		return "osmo-stat-dummy.cfg";
+
+	return config_file;
+}
+
+void sighandler(int sigset)
+{
+	if (sigset == SIGPIPE)
+		return;
+
+	fprintf(stderr, "Signal %d received.\n", sigset);
+
+	switch (sigset) {
+	case SIGINT:
+	case SIGTERM:
+		/* If another signal is received afterwards, the program
+		 * is terminated without finishing shutdown process.
+		 */
+		signal(SIGINT, SIG_DFL);
+		signal(SIGTERM, SIG_DFL);
+		signal(SIGPIPE, SIG_DFL);
+		signal(SIGABRT, SIG_DFL);
+		signal(SIGUSR1, SIG_DFL);
+		signal(SIGUSR2, SIG_DFL);
+
+		quit = 1;
+		break;
+	case SIGABRT:
+		/* in case of abort, we want to obtain a talloc report and
+		 * then run default SIGABRT handler, who will generate coredump
+		 * and abort the process. abort() should do this for us after we
+		 * return, but program wouldn't exit if an external SIGABRT is
+		 * received.
+		 */
+		talloc_report_full(tall_statdummy_ctx, stderr);
+		signal(SIGABRT, SIG_DFL);
+		raise(SIGABRT);
+		break;
+	case SIGUSR1:
+	case SIGUSR2:
+		talloc_report_full(tall_statdummy_ctx, stderr);
+		break;
+	}
+}
+
+static int rate_ctr_timer_cb(struct osmo_fd *ofd, unsigned int what)
+{
+	uint64_t expire_count;
+	int rc;
+
+	/* check that the timer has actually expired */
+	if (!(what & OSMO_FD_READ))
+		return 0;
+
+	/* read from timerfd: number of expirations of periodic timer */
+	rc = read(ofd->fd, (void *) &expire_count, sizeof(expire_count));
+	if (rc < 0 && errno == EAGAIN)
+		return 0;
+
+	OSMO_ASSERT(rc == sizeof(expire_count));
+
+	if (expire_count > 1)
+		LOGP(DLGLOBAL, LOGL_NOTICE, "Stats timer expire_count=%" PRIu64 ": We missed %" PRIu64 " timers\n",
+			expire_count, expire_count-1);
+
+	/* Increment the counter value */
+	rate_ctr_inc(rate_ctr_group_get_ctr(g_ctrg, DUMMY_AUTO));
+
+	return 0;
+}
+
+DEFUN(update_rate_ctr, update_rate_ctr_cmd,
+      "update-rate-ctr <0-100000>",
+      "Update dummy rate counter\n"
+      "Value to add to rate counter\n")
+{
+	rate_ctr_add(rate_ctr_group_get_ctr(g_ctrg, DUMMY_VTY), atoi(argv[0]));
+
+	return CMD_SUCCESS;
+}
+
+static int statdummy_vty_init(void)
+{
+	install_element_ve(&update_rate_ctr_cmd);
+
+	return 0;
+}
+
+int main(int argc, char *argv[])
+{
+	struct log_info log_info = {};
+	char *config_file;
+	void *ctx = tall_statdummy_ctx = talloc_named_const(NULL, 0, "osmo-stat-dummy");
+	struct ctrl_handle *ctrl;
+	struct osmo_fd rate_ctr_timer = { .fd = -1 };
+	struct timespec ts_interval = { .tv_sec = 0, .tv_nsec = 500000000 }; /* 0.5 seconds */
+	int rc = 0;
+
+	const char vty_copyright[] =
+	"Copyright (C) 2022 by by sysmocom - s.f.m.c. GmbH\r\n"
+	"Author: Max Suraev <msuraev@sysmocom.de>\r\n"
+	"License GNU GPL version 3 or later\r\n"
+	"This is free software: you are free to change and redistribute it.\r\n"
+	"There is NO WARRANTY, to the extent permitted by law.\r\n";
+
+	struct vty_app_info vty_info = {
+		.name		= "OsmoSTATdummy",
+		.version	= PACKAGE_VERSION,
+		.copyright	= vty_copyright,
+		.tall_ctx	= ctx
+	};
+
+	const struct rate_ctr_desc dummy_ctr_desc[] = {
+		[DUMMY_VTY] =	{ "dummy:vty", "Dummy counter updated via VTY" },
+		[DUMMY_AUTO] =	{ "dummy:auto", "Dummy counter autoupdated via timer" },
+	};
+
+	const struct rate_ctr_group_desc dummy_ctrg_desc = {
+		"dummy",
+		"dummy stat tester",
+		OSMO_STATS_CLASS_GLOBAL,
+		ARRAY_SIZE(dummy_ctr_desc),
+		dummy_ctr_desc,
+	};
+
+	osmo_init_logging2(ctx, &log_info);
+	log_set_use_color(osmo_stderr_target, 0);
+	log_set_print_filename2(osmo_stderr_target, LOG_FILENAME_NONE);
+	log_set_log_level(osmo_stderr_target, LOGL_INFO);
+
+	msgb_talloc_ctx_init(ctx, 0);
+
+	vty_init(&vty_info);
+	ctrl_vty_init(ctx);
+	logging_vty_add_cmds();
+	osmo_stats_vty_add_cmds();
+	osmo_talloc_vty_add_cmds();
+
+	config_file = handle_options(argc, argv);
+
+	statdummy_vty_init();
+	rc = vty_read_config_file(config_file, NULL);
+	if (rc < 0) {
+		if (config_given) {
+			fprintf(stderr, "Failed to parse the config file: '%s'\n", config_file);
+			exit(1);
+		}
+		fprintf(stderr, "No config file: '%s' Using default config.\n", config_file);
+	}
+
+	rc = telnet_init_default(ctx, NULL, -1);
+	if (rc < 0) {
+		fprintf(stderr, "Error initializing telnet\n");
+		exit(1);
+	}
+
+	ctrl = ctrl_interface_setup(NULL, 1234, NULL);
+	if (!ctrl) {
+		fprintf(stderr, "Failed to initialize control interface. Exiting.\n");
+		exit(1);
+	}
+
+	g_ctrg = rate_ctr_group_alloc(ctx, &dummy_ctrg_desc, 0);
+	if (!g_ctrg) {
+		fprintf(stderr, "Failed to initialize rate counters. Exiting.\n");
+		return -1;
+	}
+
+	osmo_stats_init(ctx);
+	rate_ctr_init(ctx);
+
+	rc = osmo_timerfd_setup(&rate_ctr_timer, rate_ctr_timer_cb, NULL);
+	if (rc < 0) {
+		LOGP(DLGLOBAL, LOGL_ERROR, "Failed to setup the timer with error code %d (fd=%d)\n",
+		     rc, rate_ctr_timer.fd);
+		return rc;
+	}
+
+	rc = osmo_timerfd_schedule(&rate_ctr_timer, NULL, &ts_interval);
+	if (rc < 0) {
+		LOGP(DLGLOBAL, LOGL_ERROR, "Failed to schedule the timer with error code %d (fd=%d)\n",
+		     rc, rate_ctr_timer.fd);
+	}
+
+	signal(SIGINT, sighandler);
+	signal(SIGTERM, sighandler);
+	signal(SIGPIPE, sighandler);
+	signal(SIGABRT, sighandler);
+	signal(SIGUSR1, sighandler);
+	signal(SIGUSR2, sighandler);
+	osmo_init_ignore_signals();
+
+	while (!quit) {
+		osmo_select_main(0);
+	}
+
+	telnet_exit();
+
+	talloc_report_full(tall_statdummy_ctx, stderr);
+	talloc_free(tall_statdummy_ctx);
+
+	return 0;
+}
diff --git a/utils/osmo-stat-dummy/osmo-stat-dummy.cfg b/utils/osmo-stat-dummy/osmo-stat-dummy.cfg
new file mode 100644
index 0000000..559fe4e
--- /dev/null
+++ b/utils/osmo-stat-dummy/osmo-stat-dummy.cfg
@@ -0,0 +1,40 @@
+log stderr
+ logging filter all 1
+ logging color 0
+ logging timestamp 0
+ logging print extended-timestamp 0
+ logging print category-hex 0
+ logging print category 1
+ !logging print file basename
+ ! log-levels defined by libosmocore and hence available everywhere, can be overridden by inidividual per-app configs below
+ logging level lstats notice
+ logging level lglobal notice
+ logging level llapd notice
+ logging level linp notice
+ logging level lmux notice
+ logging level lmi notice
+ logging level lmib notice
+ logging level lsms notice
+ logging level lctrl notice
+ logging level lgtp notice
+ logging level lgsup notice
+ logging level loap notice
+ logging level lss7 error
+ logging level lsccp notice
+ logging level lsua notice
+ logging level lm3ua notice
+ logging level lmgcp notice
+ logging level ljibuf notice
+ logging level lrspro notice
+stats reporter statsd
+ !use default https://learn.netdata.cloud/ statsd plugin:
+ remote-ip 127.0.0.1
+ remote-port 8125
+ level global
+ no prefix
+ enable
+stats interval 1
+line vty
+ bind 127.0.0.2 6969
+ctrl
+ bind 127.0.0.11 1234
diff --git a/utils/osmo-stat-dummy/osmo-stat-dummy.html b/utils/osmo-stat-dummy/osmo-stat-dummy.html
new file mode 100644
index 0000000..fc77257
--- /dev/null
+++ b/utils/osmo-stat-dummy/osmo-stat-dummy.html
@@ -0,0 +1,59 @@
+<!DOCTYPE html>
+<html lang="en">
+<head>
+    <meta http-equiv="Content-Type" content="text/html; charset=utf-8">
+    <meta charset="utf-8">
+    <meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1">
+    <meta name="viewport" content="width=device-width, initial-scale=1">
+    <meta name="apple-mobile-web-app-capable" content="yes">
+    <meta name="apple-mobile-web-app-status-bar-style" content="black-translucent">
+</head>
+<body>
+  <div data-netdata="statsd_dummy.0.dummy.auto_counter"
+       data-chart-library="dygraph"
+       data-title="raw data (timerfd ticks twice per second)"
+       data-width="600"
+       data-height="200"
+       data-after="-600"
+       ></div>
+  <div data-netdata="statsd_dummy.0.dummy.auto_counter"
+       data-chart-library="dygraph"
+       data-title="aggregated per minute (timerfd ticks twice per second)"
+       data-width="600"
+       data-height="200"
+       data-after="-600"
+       data-method="average"
+       data-gtime="60"
+       data-units="events/min"
+       ></div>
+  <div data-netdata="statsd_dummy.0.dummy.auto_counter"
+       data-chart-library="dygraph"
+       data-title="aggregated per hour (timerfd ticks twice per second)"
+       data-width="600"
+       data-height="200"
+       data-after="-600"
+       data-method="average"
+       data-gtime="3600"
+       data-units="events/hour"
+       ></div>
+  <div data-netdata="statsd_dummy.0.dummy.auto_counter"
+       data-chart-library="dygraph"
+       data-title="aggregated per day (timerfd ticks twice per second)"
+       data-width="600"
+       data-height="200"
+       data-after="-600"
+       data-method="average"
+       data-gtime="86400"
+       data-units="events/day"
+       ></div>
+
+  <div data-netdata="statsd_dummy.0.dummy.vty_counter"
+       data-chart-library="dygraph"
+       data-title="raw data (updated manually via vty command)"
+       data-width="600"
+       data-height="200"
+       data-after="-600"
+       ></div>
+</body>
+<script type="text/javascript" src="http://localhost:19999/dashboard.js"></script>
+</html>