diff --git a/lib/internal/process/warning.js b/lib/internal/process/warning.js
index ebf4c932fa9c57..82bff2ece9e146 100644
--- a/lib/internal/process/warning.js
+++ b/lib/internal/process/warning.js
@@ -126,8 +126,13 @@ function emitWarning(warning, type, code, ctor) {
   if (warning.name === 'DeprecationWarning') {
     if (process.noDeprecation)
       return;
-    if (process.throwDeprecation)
-      throw warning;
+    if (process.throwDeprecation) {
+      // Delay throwing the error to guarantee that all former warnings were
+      // properly logged.
+      return process.nextTick(() => {
+        throw warning;
+      });
+    }
   }
   process.nextTick(doEmitWarning, warning);
 }
diff --git a/test/parallel/test-process-warning.js b/test/parallel/test-process-warning.js
index e4538ddc084722..c1fbbf775fb45e 100644
--- a/test/parallel/test-process-warning.js
+++ b/test/parallel/test-process-warning.js
@@ -38,9 +38,14 @@ function test4() {
   // process.emitWarning will throw when process.throwDeprecation is true
   // and type is `DeprecationWarning`.
   process.throwDeprecation = true;
-  assert.throws(
-    () => process.emitWarning('test', 'DeprecationWarning'),
-    /^DeprecationWarning: test$/);
+  process.once('uncaughtException', (err) => {
+    assert.match(err.toString(), /^DeprecationWarning: test$/);
+  });
+  try {
+    process.emitWarning('test', 'DeprecationWarning');
+  } catch {
+    assert.fail('Unreachable');
+  }
   process.throwDeprecation = false;
   setImmediate(test5);
 }