diff --git a/package/python-sqlparse/python-sqlparse.hash b/package/python-sqlparse/python-sqlparse.hash
index 3e54d227f4..8d9c27afb7 100644
--- a/package/python-sqlparse/python-sqlparse.hash
+++ b/package/python-sqlparse/python-sqlparse.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/sqlparse/json
-md5  9764a42264c9a3102526c87260e73d11  sqlparse-0.5.3.tar.gz
-sha256  09f67787f56a0b16ecdbde1bfc7f5d9c3371ca683cfeaa8e6ff60b4807ec9272  sqlparse-0.5.3.tar.gz
+md5  b5bf6082e38fb99bf8217f429b73346a  sqlparse-0.5.4.tar.gz
+sha256  4396a7d3cf1cd679c1be976cf3dc6e0a51d0111e87787e7a8d780e7d5a998f9e  sqlparse-0.5.4.tar.gz
 # Locally computed sha256 checksums
 sha256  c1938235b80d39e93138eae89edc3af67e18ecbc40d266529fa57b2dce426310  LICENSE
diff --git a/package/python-sqlparse/python-sqlparse.mk b/package/python-sqlparse/python-sqlparse.mk
index 0140961393..6d952b215a 100644
--- a/package/python-sqlparse/python-sqlparse.mk
+++ b/package/python-sqlparse/python-sqlparse.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_SQLPARSE_VERSION = 0.5.3
+PYTHON_SQLPARSE_VERSION = 0.5.4
 PYTHON_SQLPARSE_SOURCE = sqlparse-$(PYTHON_SQLPARSE_VERSION).tar.gz
-PYTHON_SQLPARSE_SITE = https://files.pythonhosted.org/packages/e5/40/edede8dd6977b0d3da179a342c198ed100dd2aba4be081861ee5911e4da4
+PYTHON_SQLPARSE_SITE = https://files.pythonhosted.org/packages/18/67/701f86b28d63b2086de47c942eccf8ca2208b3be69715a1119a4e384415a
 PYTHON_SQLPARSE_SETUP_TYPE = hatch
 PYTHON_SQLPARSE_LICENSE = BSD-3-Clause
 PYTHON_SQLPARSE_LICENSE_FILES = LICENSE