The invention discloses a current limiting method and device, electronic equipment and a computer readable storage medium. The method comprises the following steps: when it is detected that a main memory on which the distributed current limiter depends has a current limiting exception, switching a service from the main memory to a standby memory for current limiting; and switching the service fromthe distributed current limiter to a stand-alone current limiter for current limiting when it is detected that the standby memory has current limiting abnormality. According to the embodiment of theinvention, when current limiting depending on the main memory is abnormal, the standby memory can be switched in time for continuous operation, and when current limiting depending on the standby memory is abnormal, the single-machine current limiter can be switched for continuous operation, so that stable operation of the current limiter can be ensured to the greatest extent.