diff --git a/airflow/config_templates/config.yml b/airflow/config_templates/config.yml
index b5ca6a7d80c63..3309a3b0a58eb 100644
--- a/airflow/config_templates/config.yml
+++ b/airflow/config_templates/config.yml
@@ -249,6 +249,14 @@
       type: string
       example: ~
       default: "0"
+    - name: default_task_retry_delay
+      description: |
+          The number of seconds each task is going to wait by default between retries. Can be overridden at
+          dag or task level.
+      version_added: 2.3.2
+      type: integer
+      example: ~
+      default: "300"
     - name: default_task_weight_rule
       description: |
         The weighting method used for the effective total priority weight of the task
diff --git a/airflow/config_templates/default_airflow.cfg b/airflow/config_templates/default_airflow.cfg
index 07af45aecb683..14351e49b89b0 100644
--- a/airflow/config_templates/default_airflow.cfg
+++ b/airflow/config_templates/default_airflow.cfg
@@ -147,6 +147,10 @@ dag_ignore_file_syntax = regexp
 # The number of retries each task is going to have by default. Can be overridden at dag or task level.
 default_task_retries = 0
 
+# The number of seconds each task is going to wait by default between retries. Can be overridden at
+# dag or task level.
+default_task_retry_delay = 300
+
 # The weighting method used for the effective total priority weight of the task
 default_task_weight_rule = downstream
 
diff --git a/airflow/models/abstractoperator.py b/airflow/models/abstractoperator.py
index 8d2e06442a2e5..6187c37182950 100644
--- a/airflow/models/abstractoperator.py
+++ b/airflow/models/abstractoperator.py
@@ -62,7 +62,9 @@
 DEFAULT_PRIORITY_WEIGHT: int = 1
 DEFAULT_QUEUE: str = conf.get_mandatory_value("operators", "default_queue")
 DEFAULT_RETRIES: int = conf.getint("core", "default_task_retries", fallback=0)
-DEFAULT_RETRY_DELAY: datetime.timedelta = datetime.timedelta(seconds=300)
+DEFAULT_RETRY_DELAY: datetime.timedelta = datetime.timedelta(
+    seconds=conf.getint("core", "default_task_retry_delay", fallback=300)
+)
 DEFAULT_WEIGHT_RULE: WeightRule = WeightRule(
     conf.get("core", "default_task_weight_rule", fallback=WeightRule.DOWNSTREAM)
 )
diff --git a/tests/models/test_baseoperator.py b/tests/models/test_baseoperator.py
index 8cb8d96e813a8..5ba271a5a136a 100644
--- a/tests/models/test_baseoperator.py
+++ b/tests/models/test_baseoperator.py
@@ -994,3 +994,26 @@ def __init__(self, value, arg1, **kwargs):
     assert op.value == "{{ ds }}", "Should not be templated!"
     assert op.arg1 == "{{ ds }}"
     assert op.arg2 == "a"
+
+
+def test_default_retry_delay(dag_maker):
+    with dag_maker(dag_id='test_default_retry_delay'):
+        task1 = BaseOperator(task_id='test_no_explicit_retry_delay')
+
+        assert task1.retry_delay == timedelta(seconds=300)
+
+
+def test_dag_level_retry_delay(dag_maker):
+    with dag_maker(dag_id='test_dag_level_retry_delay', default_args={'retry_delay': timedelta(seconds=100)}):
+        task1 = BaseOperator(task_id='test_no_explicit_retry_delay')
+
+        assert task1.retry_delay == timedelta(seconds=100)
+
+
+def test_task_level_retry_delay(dag_maker):
+    with dag_maker(
+        dag_id='test_task_level_retry_delay', default_args={'retry_delay': timedelta(seconds=100)}
+    ):
+        task1 = BaseOperator(task_id='test_no_explicit_retry_delay', retry_delay=timedelta(seconds=200))
+
+        assert task1.retry_delay == timedelta(seconds=200)