diff --git a/package/python-webargs/python-webargs.hash b/package/python-webargs/python-webargs.hash
index 82c6c0d0be..d68d540078 100644
--- a/package/python-webargs/python-webargs.hash
+++ b/package/python-webargs/python-webargs.hash
@@ -1,2 +1,2 @@
-sha256	63320c7c1d82273a73723b5a522db3e19c18315ce0e597dcb8c8ccd999240165  webargs-4.2.0.tar.gz
+sha256	888f3e7e0b74b760732388da4e73640fcab452045d78268c31fb610b3cb397b9  webargs-5.3.1.tar.gz
 
diff --git a/package/python-webargs/python-webargs.mk b/package/python-webargs/python-webargs.mk
index 47e0d90258..6ae6ae86b8 100644
--- a/package/python-webargs/python-webargs.mk
+++ b/package/python-webargs/python-webargs.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_WEBARGS_VERSION = 4.2.0
+PYTHON_WEBARGS_VERSION = 5.3.1
 PYTHON_WEBARGS_SOURCE = webargs-$(PYTHON_WEBARGS_VERSION).tar.gz
-PYTHON_WEBARGS_SITE = https://files.pythonhosted.org/packages/ce/55/23c0b271813793cce879908fdc319c79500d9adb0e4982f0d9fce2da2846
+PYTHON_WEBARGS_SITE = https://files.pythonhosted.org/packages/b2/df/156e105358c06b6f76a17cb3ee3eb82789a3abbc482a5a2f8b576e81112c
 PYTHON_WEBARGS_SETUP_TYPE = setuptools
 PYTHON_WEBARGS_LICENSE = Apache-2.0
 PYTHON_WEBARGS_LICENSE_FILES = LICENSE.txt