diff --git a/ruby/Gemfile b/ruby/Gemfile
index adee2020f6fa14a767b0a1f3ce6e9ed4069eb689..20f1034fc90831ecb05e7d960891a1feee9348aa 100644
--- a/ruby/Gemfile
+++ b/ruby/Gemfile
@@ -13,7 +13,7 @@ gem 'faraday', '~> 1.0'
 gem 'rbtrace', require: false
 
 # Labkit provides observability functionality
-gem 'gitlab-labkit', '~> 0.16.2'
+gem 'gitlab-labkit', '~> 0.17.1'
 
 # Detects the open source license the repository includes
 # This version needs to be in sync with GitLab CE/EE
diff --git a/ruby/Gemfile.lock b/ruby/Gemfile.lock
index a8e2f3f5a6777b9c62542b0bf8fb980b5fe47fec..ce169bab7b94adf271cf6bc5abce4f62b4a95d5f 100644
--- a/ruby/Gemfile.lock
+++ b/ruby/Gemfile.lock
@@ -65,13 +65,13 @@ GEM
     gitlab-gollum-rugged_adapter (0.4.4.4.gitlab.1)
       mime-types (>= 1.15)
       rugged (~> 1.0)
-    gitlab-labkit (0.16.2)
+    gitlab-labkit (0.17.1)
       actionpack (>= 5.0.0, < 7.0.0)
       activesupport (>= 5.0.0, < 7.0.0)
       grpc (~> 1.19)
       jaeger-client (~> 1.1)
       opentracing (~> 0.4)
-      pg_query (~> 1.3)
+      pg_query (~> 2.0)
       redis (> 3.0.0, < 5.0.0)
     gitlab-markup (1.7.1)
     google-protobuf (3.14.0)
@@ -121,7 +121,8 @@ GEM
     parallel (1.19.2)
     parser (2.7.2.0)
       ast (~> 2.4.1)
-    pg_query (1.3.0)
+    pg_query (2.0.3)
+      google-protobuf (~> 3.15.5)
     proc_to_ast (0.1.0)
       coderay
       parser
@@ -221,7 +222,7 @@ DEPENDENCIES
   github-linguist (~> 7.12)
   gitlab-gollum-lib (~> 4.2.7.10.gitlab.1)
   gitlab-gollum-rugged_adapter (~> 0.4.4.4.gitlab.1)
-  gitlab-labkit (~> 0.16.2)
+  gitlab-labkit (~> 0.17.1)
   gitlab-markup (~> 1.7.1)
   google-protobuf (~> 3.14.0)
   grpc (~> 1.30.2)