diff --git a/openedx/core/djangoapps/content_libraries/api.py b/openedx/core/djangoapps/content_libraries/api.py
index fcdbdb70ba6b..286c71f7acc6 100644
--- a/openedx/core/djangoapps/content_libraries/api.py
+++ b/openedx/core/djangoapps/content_libraries/api.py
@@ -227,9 +227,12 @@ class LibraryXBlockMetadata:
     created = attr.ib(default=None, type=datetime)
 
     @classmethod
-    def from_component(cls, library_key, component):
+    def from_component(cls, library_key, component, load_tags_count=False):
         """
         Construct a LibraryXBlockMetadata from a Component object.
+
+        Set `load_tags_count` as True to run query to get tags. This variable is used
+        to avoid running many unnecessary queries when obtaining all the components of a library.
         """
         last_publish_log = component.versioning.last_publish_log
 
@@ -241,12 +244,14 @@ def from_component(cls, library_key, component):
         last_draft_created = draft.created if draft else None
         last_draft_created_by = draft.publishable_entity_version.created_by if draft else None
 
-        # Build 'lib:' component usage_key from component slug and library_key
-        component_key = str(component).replace('xblock.v1:', f'{str(library_key)}:').replace('lib:', 'lb:')
-        components_tags = _get_library_component_tags_count(library_key)
         tags_count = 0
-        if component_key in components_tags:
-            tags_count = components_tags[component_key]
+        if load_tags_count:
+            # Build 'lib:' component usage_key from component slug and library_key
+            component_key = str(component).replace('xblock.v1:', f'{str(library_key)}:').replace('lib:', 'lb:')
+            components_tags = _get_library_component_tags_count(library_key)
+
+            if component_key in components_tags:
+                tags_count = components_tags[component_key]
 
         return cls(
             usage_key=LibraryUsageLocatorV2(
@@ -731,6 +736,7 @@ def get_library_block(usage_key) -> LibraryXBlockMetadata:
     xblock_metadata = LibraryXBlockMetadata.from_component(
         library_key=usage_key.context_key,
         component=component,
+        load_tags_count=True,
     )
     return xblock_metadata
 
diff --git a/openedx/core/djangoapps/content_libraries/tests/test_content_libraries.py b/openedx/core/djangoapps/content_libraries/tests/test_content_libraries.py
index 677178bb3b31..34f650940c6a 100644
--- a/openedx/core/djangoapps/content_libraries/tests/test_content_libraries.py
+++ b/openedx/core/djangoapps/content_libraries/tests/test_content_libraries.py
@@ -32,6 +32,7 @@
     URL_BLOCK_XBLOCK_HANDLER,
 )
 from openedx.core.djangoapps.content_libraries.constants import VIDEO, COMPLEX, PROBLEM, CC_4_BY
+from openedx.core.djangoapps.content_tagging import api as tagging_api
 from openedx.core.djangoapps.xblock import api as xblock_api
 from openedx.core.djangolib.testing.utils import skip_unless_cms
 from common.djangoapps.student.tests.factories import UserFactory
@@ -284,6 +285,7 @@ def test_library_blocks(self):
             "published_by": None,
             "last_draft_created": create_date.isoformat().replace('+00:00', 'Z'),
             "last_draft_created_by": "Bob",
+            'tags_count': 0,
         })
         block_id = block_data["id"]
         # Confirm that the result contains a definition key, but don't check its value,
@@ -346,6 +348,26 @@ def test_library_blocks(self):
         assert problem_get_response.status_code == 200
         assert 'You have used 0 of 5 attempts' in problem_get_response.content.decode('utf-8')
 
+        # Now verify tags count of the block:
+        taxonomy = tagging_api.create_taxonomy(name="A", export_id="A")
+        tagging_api.set_taxonomy_orgs(taxonomy, all_orgs=True)
+        tagging_api.add_tag_to_taxonomy(taxonomy, "one")
+        tagging_api.add_tag_to_taxonomy(taxonomy, "two")
+        tagging_api.tag_object(block_id, taxonomy, ["one", "two"])
+
+        new_block_data = self._get_library_block(block_id)
+        self.assertDictContainsEntries(new_block_data, {
+            "id": "lb:CL-TEST:téstlꜟط:problem:ࠒröblæm1",
+            "display_name": "New Multi Choice Question",
+            "block_type": "problem",
+            "has_unpublished_changes": True,
+            "last_published": publish_date.isoformat().replace('+00:00', 'Z'),
+            "published_by": 'Bob',
+            "last_draft_created": update_date.isoformat().replace('+00:00', 'Z'),
+            "last_draft_created_by": None,
+            'tags_count': 2,
+        })
+
         # Now delete the block:
         assert self._get_library(lib_id)['has_unpublished_deletes'] is False
         self._delete_library_block(block_id)
@@ -385,6 +407,7 @@ def test_library_blocks_studio_view(self):
             "published_by": None,
             "last_draft_created": create_date.isoformat().replace('+00:00', 'Z'),
             "last_draft_created_by": "Bob",
+            'tags_count': 0,
         })
         block_id = block_data["id"]