One means of limiting use of MySQL server resources is to set the
      max_user_connections system
      variable to a nonzero value. However, this limits only the number
      of simultaneous connections made using a single account, and not
      what a client can do once connected. In addition, this method is
      strictly global, and does not allow for management of individual
      accounts. Both types of control are of interest to many MySQL
      administrators, particularly those working for Internet Service
      Providers.
    
In MySQL 5.1, you can limit the following server resources for individual accounts:
The number of queries that an account can issue per hour
The number of updates that an account can issue per hour
The number of times an account can connect to the server per hour
The number of simultaneous connections to the server an account can have
Any statement that a client can issue counts against the query limit. Only statements that modify databases or tables count against the update limit.
      An “account” in this context corresponds to a single
      row in the user table. That is, connections are
      assessed against the User and
      Host values in the user
      table row that applies to the connection. Suppose that there is a
      row in the user table that has
      User and Host values of
      usera and %.example.com, to
      allow usera to connect from any host in the
      example.com domain. In this case, the server
      applies resource limits collectively to all connections by
      usera from any host in the
      example.com domain because all such connections
      use the same account.
    
      Before MySQL 5.0.3, an “account” was assessed against
      the actual host from which a user connects. This older method
      accounting may be selected by starting the server with the
      --old-style-user-limits option. In
      this case, if usera connects simultaneously
      from host1.example.com and
      host2.example.com, the server applies the
      account resource limits separately to each connection. If
      usera connects again from
      host1.example.com, the server applies the
      limits for that connection together with the existing connection
      from that host.
    
      The server limits account resources based on the resource-related
      columns of the user table in the
      mysql database:
      max_questions, max_updates,
      max_connections, and
      max_user_connections. If your
      user table does not have these columns, it must
      be upgraded; see Section 4.4.8, “mysql_upgrade — Check Tables for MySQL Upgrade”.
    
      To set resource limits, use the
      GRANT statement and provide a
      WITH clause that names each resource to be
      limited. For example, to create a new account that can access the
      customer database, but only in a limited
      fashion, issue these statements:
    
mysql>CREATE USER 'francis'@'localhost' IDENTIFIED BY 'frank';mysql>GRANT ALL ON customer.* TO 'francis'@'localhost'->WITH MAX_QUERIES_PER_HOUR 20->MAX_UPDATES_PER_HOUR 10->MAX_CONNECTIONS_PER_HOUR 5->MAX_USER_CONNECTIONS 2;
      The limit types need not all be named in the
      WITH clause, but those named can be present in
      any order. The value for each per-hour limit should be an integer
      representing a count per hour. If the
      GRANT statement has no
      WITH clause, the limits are each set to the
      default value of zero (that is, no limit). For
      MAX_USER_CONNECTIONS, the limit is an integer
      representing the maximum number of simultaneous connections the
      account can make at any one time. If the limit is set to the
      default value of zero, the
      max_user_connections system
      variable determines the number of simultaneous connections for the
      account.
    
      To modify limits for an existing account, use a
      GRANT USAGE
      statement at the global level (ON *.*). The
      following statement changes the query limit for
      francis to 100:
    
mysql>GRANT USAGE ON *.* TO 'francis'@'localhost'->WITH MAX_QUERIES_PER_HOUR 100;
This statement leaves the account's existing privileges unchanged and modifies only the limit values specified.
      To remove an existing limit, set its value to zero. For example,
      to remove the limit on how many times per hour
      francis can connect, use this statement:
    
mysql>GRANT USAGE ON *.* TO 'francis'@'localhost'->WITH MAX_CONNECTIONS_PER_HOUR 0;
Resource-use counting takes place when any account has a nonzero limit placed on its use of any of the resources.
As the server runs, it counts the number of times each account uses resources. If an account reaches its limit on number of connections within the last hour, further connections for the account are rejected until that hour is up. Similarly, if the account reaches its limit on the number of queries or updates, further queries or updates are rejected until the hour is up. In all such cases, an appropriate error message is issued.
Resource counting is done per account, not per client. For example, if your account has a query limit of 50, you cannot increase your limit to 100 by making two simultaneous client connections to the server. Queries issued on both connections are counted together.
      Queries for which results are served from the query cache do not
      count against the MAX_QUERIES_PER_HOUR limit.
    
The current per-hour resource-use counts can be reset globally for all accounts, or individually for a given account:
          To reset the current counts to zero for all accounts, issue a
          FLUSH
          USER_RESOURCES statement. The counts also can be
          reset by reloading the grant tables (for example, with a
          FLUSH
          PRIVILEGES statement or a mysqladmin
          reload command).
        
          The counts for an individual account can be set to zero by
          re-granting it any of its limits. To do this, use
          GRANT USAGE
          as described earlier and specify a limit value equal to the
          value that the account currently has.
        
      Counter resets do not affect the
      MAX_USER_CONNECTIONS limit.
    
All counts begin at zero when the server starts; counts are not carried over through a restart.
      For the MAX_USER_CONNECTIONS limit, an edge
      case can occur if the account currently has open the maximum
      number of connections allowed to it: A disconnect followed quickly
      by a connect can result in an error
      (ER_TOO_MANY_USER_CONNECTIONS or
      ER_USER_LIMIT_REACHED) if the
      server has not fully processed the disconnect by the time the
      connect occurs. When the server finishes disconnect processing,
      another connection will once more be allowed.
    

User Comments
There doesn't appear to be a way to get the current number of queries, updates, etc. e.g. to use in a dashboard. For that, you have to roll your own.
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