diff --git a/changelogs/fragments/20231228-efs-elastic-mode.yml b/changelogs/fragments/20231228-efs-elastic-mode.yml
new file mode 100644
index 00000000000..ef8336e6f82
--- /dev/null
+++ b/changelogs/fragments/20231228-efs-elastic-mode.yml
@@ -0,0 +1,3 @@
+---
+minor_changes:
+  - efs module - added "elastic" throughput mode to allow dynamic adjustment of throughput (https://github.com/ansible-collections/community.aws/issues/1884).
diff --git a/plugins/modules/efs.py b/plugins/modules/efs.py
index df79babc92c..32eed712b33 100644
--- a/plugins/modules/efs.py
+++ b/plugins/modules/efs.py
@@ -72,7 +72,8 @@
     throughput_mode:
         description:
             - The throughput_mode for the file system to be created.
-        choices: ['bursting', 'provisioned']
+            - Support for I(throughput_mode=elastic) was added in release 7.2.0.
+        choices: ['bursting', 'provisioned', 'elastic']
         type: str
     provisioned_throughput_in_mibps:
         description:
@@ -733,7 +734,7 @@ def main():
             required=False, type="str", choices=["general_purpose", "max_io"], default="general_purpose"
         ),
         transition_to_ia=dict(required=False, type="str", choices=["None", "7", "14", "30", "60", "90"], default=None),
-        throughput_mode=dict(required=False, type="str", choices=["bursting", "provisioned"], default=None),
+        throughput_mode=dict(required=False, type="str", choices=["bursting", "provisioned", "elastic"], default=None),
         provisioned_throughput_in_mibps=dict(required=False, type="float"),
         wait=dict(required=False, type="bool", default=False),
         wait_timeout=dict(required=False, type="int", default=0),
diff --git a/tests/integration/targets/efs/tasks/main.yml b/tests/integration/targets/efs/tasks/main.yml
index bc23f3a1199..b671300e3a8 100644
--- a/tests/integration/targets/efs/tasks/main.yml
+++ b/tests/integration/targets/efs/tasks/main.yml
@@ -303,6 +303,22 @@
         that:
           - efs_result is not changed
 
+    # ============================================================
+    - name: Update Efs to use elastic throughput_mode
+      community.aws.efs:
+        state: present
+        name: "{{ efs_name }}-test-efs"
+        tags:
+          Name: "{{ efs_name }}-test-tag"
+          Purpose: file-storage
+        throughput_mode: 'elastic'
+      register: efs_result
+
+    - assert:
+        that:
+          - efs_result is changed
+          - efs_result.efs.throughput_mode == "elastic"
+
     # ============================================================
     - name: Query unknown EFS by tag
       efs_info: