diff --git a/parser.c b/parser.c
index f5907bf..68e1c90 100644
--- a/parser.c
+++ b/parser.c
@@ -144,8 +144,10 @@
 
 	ent->checked = 1;
 
+        ++ctxt->depth;
 	rep = xmlStringDecodeEntities(ctxt, ent->content,
 				  XML_SUBSTITUTE_REF, 0, 0, 0);
+        --ctxt->depth;
 
 	ent->checked = (ctxt->nbentities - oldnbent + 1) * 2;
 	if (rep != NULL) {
@@ -3966,8 +3968,10 @@
 	 * an entity declaration, it is bypassed and left as is.
 	 * so XML_SUBSTITUTE_REF is not set here.
 	 */
+        ++ctxt->depth;
 	ret = xmlStringDecodeEntities(ctxt, buf, XML_SUBSTITUTE_PEREF,
 				      0, 0, 0);
+        --ctxt->depth;
 	if (orig != NULL)
 	    *orig = buf;
 	else
@@ -4092,9 +4096,11 @@
 		} else if ((ent != NULL) &&
 		           (ctxt->replaceEntities != 0)) {
 		    if (ent->etype != XML_INTERNAL_PREDEFINED_ENTITY) {
+			++ctxt->depth;
 			rep = xmlStringDecodeEntities(ctxt, ent->content,
 						      XML_SUBSTITUTE_REF,
 						      0, 0, 0);
+			--ctxt->depth;
 			if (rep != NULL) {
 			    current = rep;
 			    while (*current != 0) { /* non input consuming */
@@ -4130,8 +4136,10 @@
 			(ent->content != NULL) && (ent->checked == 0)) {
 			unsigned long oldnbent = ctxt->nbentities;
 
+			++ctxt->depth;
 			rep = xmlStringDecodeEntities(ctxt, ent->content,
 						  XML_SUBSTITUTE_REF, 0, 0, 0);
+			--ctxt->depth;
 
 			ent->checked = (ctxt->nbentities - oldnbent + 1) * 2;
 			if (rep != NULL) {