diff --git a/osu.Game/Configuration/OsuConfigManager.cs b/osu.Game/Configuration/OsuConfigManager.cs
index a523507205..e816fd50f3 100644
--- a/osu.Game/Configuration/OsuConfigManager.cs
+++ b/osu.Game/Configuration/OsuConfigManager.cs
@@ -224,6 +224,12 @@ namespace osu.Game.Configuration
 
             return new TrackedSettings
             {
+                new TrackedSetting<bool>(OsuSetting.ShowFpsDisplay, state => new SettingDescription(
+                    rawValue: state,
+                    name: GlobalActionKeyBindingStrings.ToggleFPSCounter,
+                    value: state ? CommonStrings.Enabled.ToLower() : CommonStrings.Disabled.ToLower(),
+                    shortcut: LookupKeyBindings(GlobalAction.ToggleFPSDisplay))
+                ),
                 new TrackedSetting<bool>(OsuSetting.MouseDisableButtons, disabledState => new SettingDescription(
                     rawValue: !disabledState,
                     name: GlobalActionKeyBindingStrings.ToggleGameplayMouseButtons,
diff --git a/osu.Game/Graphics/UserInterface/FPSCounter.cs b/osu.Game/Graphics/UserInterface/FPSCounter.cs
index 2dd945d375..1d72f772db 100644
--- a/osu.Game/Graphics/UserInterface/FPSCounter.cs
+++ b/osu.Game/Graphics/UserInterface/FPSCounter.cs
@@ -20,7 +20,7 @@ using osuTK;
 
 namespace osu.Game.Graphics.UserInterface
 {
-    public class FPSCounter : CompositeDrawable, IHasCustomTooltip
+    public class FPSCounter : VisibilityContainer, IHasCustomTooltip
     {
         private RollingCounter<double> msCounter = null!;
         private RollingCounter<double> fpsCounter = null!;
@@ -31,7 +31,7 @@ namespace osu.Game.Graphics.UserInterface
 
         private const float idle_background_alpha = 0.4f;
 
-        private Bindable<bool> showFpsDisplay = null!;
+        private readonly BindableBool showFpsDisplay = new BindableBool(true);
 
         [Resolved]
         private OsuColour colours { get; set; } = null!;
@@ -83,7 +83,7 @@ namespace osu.Game.Graphics.UserInterface
                 },
             };
 
-            showFpsDisplay = config.GetBindable<bool>(OsuSetting.ShowFpsDisplay);
+            config.BindWith(OsuSetting.ShowFpsDisplay, showFpsDisplay);
         }
 
         protected override void LoadComplete()
@@ -94,11 +94,18 @@ namespace osu.Game.Graphics.UserInterface
 
             showFpsDisplay.BindValueChanged(showFps =>
             {
-                this.FadeTo(showFps.NewValue ? 1 : 0, 100);
-                displayTemporarily();
+                State.Value = showFps.NewValue ? Visibility.Visible : Visibility.Hidden;
+                if (showFps.NewValue)
+                    displayTemporarily();
             }, true);
+
+            State.BindValueChanged(state => showFpsDisplay.Value = state.NewValue == Visibility.Visible);
         }
 
+        protected override void PopIn() => this.FadeIn(100);
+
+        protected override void PopOut() => this.FadeOut(100);
+
         protected override bool OnHover(HoverEvent e)
         {
             background.FadeTo(1, 200);
diff --git a/osu.Game/Input/Bindings/GlobalActionContainer.cs b/osu.Game/Input/Bindings/GlobalActionContainer.cs
index 21b49286ea..1ee03a6964 100644
--- a/osu.Game/Input/Bindings/GlobalActionContainer.cs
+++ b/osu.Game/Input/Bindings/GlobalActionContainer.cs
@@ -45,6 +45,7 @@ namespace osu.Game.Input.Bindings
             new KeyBinding(InputKey.F9, GlobalAction.ToggleSocial),
             new KeyBinding(InputKey.F10, GlobalAction.ToggleGameplayMouseButtons),
             new KeyBinding(InputKey.F12, GlobalAction.TakeScreenshot),
+            new KeyBinding(new[] { InputKey.Control, InputKey.Shift, InputKey.F }, GlobalAction.ToggleFPSDisplay),
 
             new KeyBinding(new[] { InputKey.Control, InputKey.Alt, InputKey.R }, GlobalAction.ResetInputSettings),
             new KeyBinding(new[] { InputKey.Control, InputKey.T }, GlobalAction.ToggleToolbar),
@@ -328,5 +329,8 @@ namespace osu.Game.Input.Bindings
 
         [LocalisableDescription(typeof(GlobalActionKeyBindingStrings), nameof(GlobalActionKeyBindingStrings.EditorTapForBPM))]
         EditorTapForBPM,
+
+        [LocalisableDescription(typeof(GlobalActionKeyBindingStrings), nameof(GlobalActionKeyBindingStrings.ToggleFPSCounter))]
+        ToggleFPSDisplay,
     }
 }
diff --git a/osu.Game/Localisation/GlobalActionKeyBindingStrings.cs b/osu.Game/Localisation/GlobalActionKeyBindingStrings.cs
index 82d03dbb5b..de1a5b189c 100644
--- a/osu.Game/Localisation/GlobalActionKeyBindingStrings.cs
+++ b/osu.Game/Localisation/GlobalActionKeyBindingStrings.cs
@@ -274,6 +274,11 @@ namespace osu.Game.Localisation
         /// </summary>
         public static LocalisableString ToggleSkinEditor => new TranslatableString(getKey(@"toggle_skin_editor"), @"Toggle skin editor");
 
+        /// <summary>
+        /// "Toggle FPS counter"
+        /// </summary>
+        public static LocalisableString ToggleFPSCounter => new TranslatableString(getKey(@"toggle_fps_counter"), @"Toggle FPS counter");
+
         /// <summary>
         /// "Previous volume meter"
         /// </summary>
diff --git a/osu.Game/OsuGame.cs b/osu.Game/OsuGame.cs
index 23af401dbd..c90b4c2403 100644
--- a/osu.Game/OsuGame.cs
+++ b/osu.Game/OsuGame.cs
@@ -159,6 +159,8 @@ namespace osu.Game
 
         protected FirstRunSetupOverlay FirstRunOverlay { get; private set; }
 
+        private FPSCounter fpsCounter;
+
         private VolumeOverlay volume;
 
         private OsuLogo osuLogo;
@@ -814,7 +816,7 @@ namespace osu.Game
             ScreenStack.ScreenPushed += screenPushed;
             ScreenStack.ScreenExited += screenExited;
 
-            loadComponentSingleFile(new FPSCounter
+            loadComponentSingleFile(fpsCounter = new FPSCounter
             {
                 Anchor = Anchor.BottomRight,
                 Origin = Anchor.BottomRight,
@@ -1121,6 +1123,10 @@ namespace osu.Game
 
             switch (e.Action)
             {
+                case GlobalAction.ToggleFPSDisplay:
+                    fpsCounter.ToggleVisibility();
+                    return true;
+
                 case GlobalAction.ToggleSkinEditor:
                     skinEditor.ToggleVisibility();
                     return true;