diff --git a/packages/debug/valgrind/package.mk b/packages/debug/valgrind/package.mk
index 1eb7342597..eba0afab2f 100644
--- a/packages/debug/valgrind/package.mk
+++ b/packages/debug/valgrind/package.mk
@@ -2,8 +2,8 @@
 # Copyright (C) 2016-present Team LibreELEC (https://libreelec.tv)
 
 PKG_NAME="valgrind"
-PKG_VERSION="3.15.0"
-PKG_SHA256="417c7a9da8f60dd05698b3a7bc6002e4ef996f14c13f0ff96679a16873e78ab1"
+PKG_VERSION="3.16.1"
+PKG_SHA256="c91f3a2f7b02db0f3bc99479861656154d241d2fdb265614ba918cc6720a33ca"
 PKG_LICENSE="GPL"
 PKG_SITE="http://valgrind.org/"
 PKG_URL="ftp://sourceware.org/pub/valgrind/$PKG_NAME-$PKG_VERSION.tar.bz2"