Allocation of resources across multiple consumers allows efficient utilization of shared resources. Observed usages of resources by consumers over time intervals are used to determine a total throughput of resources by the consumers. The total throughput of resources is used to determine allocation of resources for a subsequent time interval. The consumers are associated with priorities used to determine their allocations. Minimum and maximum resource guarantees may be associated with consumers. The resource allocation aims to allocate resources based on the priorities of the consumers while aiming to avoid starvation by any consumer. The resource allocation allows efficient usage of network resources in a database storage system storing multiple virtual databases.