diff --git a/src/report/report-basic.c b/src/report/report-basic.c
index 4b8d9ce024..eb2fe6a498 100644
--- a/src/report/report-basic.c
+++ b/src/report/report-basic.c
@@ -384,7 +384,7 @@ static int disk_io_generate(const MetricFamily mf[static 2], sd_varlink *link, v
         size_t n_devices = 0;
         CLEANUP_ARRAY(devices, n_devices, block_device_array_free);
 
-        r = blockdev_list(BLOCKDEV_LIST_IGNORE_VIRTUAL | BLOCKDEV_LIST_IGNORE_PARTITIONS | BLOCKDEV_LIST_RW_STATS,
+        r = blockdev_list(BLOCKDEV_LIST_IGNORE_VIRTUAL | BLOCKDEV_LIST_IGNORE_LOOP | BLOCKDEV_LIST_IGNORE_PARTITIONS | BLOCKDEV_LIST_RW_STATS,
                           &devices, &n_devices);
         if (r < 0)
                 return r;
diff --git a/src/shared/blockdev-list.c b/src/shared/blockdev-list.c
index fe71bd4ccc..e44332dc60 100644
--- a/src/shared/blockdev-list.c
+++ b/src/shared/blockdev-list.c
@@ -167,7 +167,22 @@ int blockdev_list_one(
                         goto no_match;
         }
 
-        if (FLAGS_SET(flags, BLOCKDEV_LIST_IGNORE_VIRTUAL)) {
+        bool is_loop = false;
+        if (flags & (BLOCKDEV_LIST_IGNORE_LOOP|BLOCKDEV_LIST_IGNORE_VIRTUAL)) {
+                r = device_sysname_startswith(dev, "loop");
+                if (r < 0) {
+                        log_device_warning_errno(dev, r, "Failed to check device name of discovered block device '%s', ignoring: %m", node);
+                        goto skipped;
+                }
+
+                is_loop = r > 0;
+                if (is_loop && FLAGS_SET(flags, BLOCKDEV_LIST_IGNORE_LOOP))
+                        goto no_match;
+        }
+
+        /* Loopback devices are virtual devices too, but they are covered by BLOCKDEV_LIST_IGNORE_LOOP above,
+         * hence exclude them here. */
+        if (FLAGS_SET(flags, BLOCKDEV_LIST_IGNORE_VIRTUAL) && !is_loop) {
                 const char *devpath;
 
                 r = sd_device_get_devpath(dev, &devpath);
diff --git a/src/shared/blockdev-list.h b/src/shared/blockdev-list.h
index e79ad74a76..c50745abbb 100644
--- a/src/shared/blockdev-list.h
+++ b/src/shared/blockdev-list.h
@@ -6,16 +6,17 @@
 typedef enum BlockDevListFlags {
         BLOCKDEV_LIST_SHOW_SYMLINKS              = 1 << 0,  /* Pick up symlinks to block devices too */
         BLOCKDEV_LIST_REQUIRE_PARTITION_SCANNING = 1 << 1,  /* Only consider block devices with partition scanning */
-        BLOCKDEV_LIST_IGNORE_VIRTUAL             = 1 << 2,  /* Ignore virtual devices (devices under /sys/devices/virtual/) */
-        BLOCKDEV_LIST_IGNORE_PARTITIONS          = 1 << 3,  /* Ignore partitions */
-        BLOCKDEV_LIST_IGNORE_ZRAM                = 1 << 4,  /* Ignore ZRAM */
-        BLOCKDEV_LIST_IGNORE_ROOT                = 1 << 5,  /* Ignore the block device we are currently booted from */
-        BLOCKDEV_LIST_IGNORE_EMPTY               = 1 << 6,  /* Ignore disks of zero size (usually drives without a medium) */
-        BLOCKDEV_LIST_IGNORE_READ_ONLY           = 1 << 7,  /* Ignore read-only block devices */
-        BLOCKDEV_LIST_REQUIRE_LUKS               = 1 << 8,  /* Only consider block devices with LUKS superblocks */
-        BLOCKDEV_LIST_METADATA                   = 1 << 9,  /* Fill in model, vendor, subsystem, read_only */
-        BLOCKDEV_LIST_DISKSEQ                    = 1 << 10, /* Fill in the diskseq field */
-        BLOCKDEV_LIST_RW_STATS                   = 1 << 11, /* Fill in read and write measurements */
+        BLOCKDEV_LIST_IGNORE_VIRTUAL             = 1 << 2,  /* Ignore virtual devices (devices under /sys/devices/virtual/), except loopback devices */
+        BLOCKDEV_LIST_IGNORE_LOOP                = 1 << 3,  /* Ignore loopback devices */
+        BLOCKDEV_LIST_IGNORE_PARTITIONS          = 1 << 4,  /* Ignore partitions */
+        BLOCKDEV_LIST_IGNORE_ZRAM                = 1 << 5,  /* Ignore ZRAM */
+        BLOCKDEV_LIST_IGNORE_ROOT                = 1 << 6,  /* Ignore the block device we are currently booted from */
+        BLOCKDEV_LIST_IGNORE_EMPTY               = 1 << 7,  /* Ignore disks of zero size (usually drives without a medium) */
+        BLOCKDEV_LIST_IGNORE_READ_ONLY           = 1 << 8,  /* Ignore read-only block devices */
+        BLOCKDEV_LIST_REQUIRE_LUKS               = 1 << 9,  /* Only consider block devices with LUKS superblocks */
+        BLOCKDEV_LIST_METADATA                   = 1 << 10, /* Fill in model, vendor, subsystem, read_only */
+        BLOCKDEV_LIST_DISKSEQ                    = 1 << 11, /* Fill in the diskseq field */
+        BLOCKDEV_LIST_RW_STATS                   = 1 << 12, /* Fill in read and write measurements */
 } BlockDevListFlags;
 
 /* The "dynamic" filters – ones the kernel can flip at runtime via sysattrs on a live device.