diff --git a/doc/release-notes-19405.md b/doc/release-notes-19405.md
new file mode 100644
index 000000000..5ffe328a4
--- /dev/null
+++ b/doc/release-notes-19405.md
@@ -0,0 +1,6 @@
+## Updated RPCs
+
+- `getnetworkinfo` now returns two new fields, `connections_in` and
+  `connections_out`, that provide the number of inbound and outbound peer
+  connections. These new fields are in addition to the existing `connections`
+  field, which returns the total number of peer connections. (#19405)
diff --git a/src/rpc/net.cpp b/src/rpc/net.cpp
index e9343b334..e4fe021c3 100644
--- a/src/rpc/net.cpp
+++ b/src/rpc/net.cpp
@@ -490,7 +490,9 @@ static UniValue getnetworkinfo(const JSONRPCRequest& request)
                         }},
                         {RPCResult::Type::BOOL, "localrelay", "true if transaction relay is requested from peers"},
                         {RPCResult::Type::NUM, "timeoffset", "the time offset"},
-                        {RPCResult::Type::NUM, "connections", "the number of connections"},
+                        {RPCResult::Type::NUM, "connections", "the total number of connections"},
+                        {RPCResult::Type::NUM, "connections_in", "the number of inbound connections"},
+                        {RPCResult::Type::NUM, "connections_out", "the number of outbound connections"},
                         {RPCResult::Type::BOOL, "networkactive", "whether p2p networking is enabled"},
                         {RPCResult::Type::ARR, "networks", "information per network",
                         {
@@ -538,7 +540,9 @@ static UniValue getnetworkinfo(const JSONRPCRequest& request)
     obj.pushKV("timeoffset",    GetTimeOffset());
     if (node.connman) {
         obj.pushKV("networkactive", node.connman->GetNetworkActive());
-        obj.pushKV("connections",   (int)node.connman->GetNodeCount(CConnman::CONNECTIONS_ALL));
+        obj.pushKV("connections", (int)node.connman->GetNodeCount(CConnman::CONNECTIONS_ALL));
+        obj.pushKV("connections_in", (int)node.connman->GetNodeCount(CConnman::CONNECTIONS_IN));
+        obj.pushKV("connections_out", (int)node.connman->GetNodeCount(CConnman::CONNECTIONS_OUT));
     }
     obj.pushKV("networks",      GetNetworksInfo());
     obj.pushKV("relayfee",      ValueFromAmount(::minRelayTxFee.GetFeePerK()));
diff --git a/test/functional/rpc_net.py b/test/functional/rpc_net.py
index 9b8e585b4..d663815e4 100755
--- a/test/functional/rpc_net.py
+++ b/test/functional/rpc_net.py
@@ -103,8 +103,11 @@ class NetTest(BitcoinTestFramework):
 
     def test_getnetworkinfo(self):
         self.log.info("Test getnetworkinfo")
-        assert_equal(self.nodes[0].getnetworkinfo()['networkactive'], True)
-        assert_equal(self.nodes[0].getnetworkinfo()['connections'], 2)
+        info = self.nodes[0].getnetworkinfo()
+        assert_equal(info['networkactive'], True)
+        assert_equal(info['connections'], 2)
+        assert_equal(info['connections_in'], 1)
+        assert_equal(info['connections_out'], 1)
 
         with self.nodes[0].assert_debug_log(expected_msgs=['SetNetworkActive: false\n']):
             self.nodes[0].setnetworkactive(state=False)
@@ -118,8 +121,11 @@ class NetTest(BitcoinTestFramework):
         connect_nodes(self.nodes[0], 1)
         connect_nodes(self.nodes[1], 0)
 
-        assert_equal(self.nodes[0].getnetworkinfo()['networkactive'], True)
-        assert_equal(self.nodes[0].getnetworkinfo()['connections'], 2)
+        info = self.nodes[0].getnetworkinfo()
+        assert_equal(info['networkactive'], True)
+        assert_equal(info['connections'], 2)
+        assert_equal(info['connections_in'], 1)
+        assert_equal(info['connections_out'], 1)
 
         # check the `servicesnames` field
         network_info = [node.getnetworkinfo() for node in self.nodes]