diff --git a/package/mpdecimal/mpdecimal.hash b/package/mpdecimal/mpdecimal.hash
index 81150c7575..53ca182287 100644
--- a/package/mpdecimal/mpdecimal.hash
+++ b/package/mpdecimal/mpdecimal.hash
@@ -1,4 +1,4 @@
 # From http://www.bytereef.org/mpdecimal/download.html
-sha256  9f9cd4c041f99b5c49ffb7b59d9f12d95b683d88585608aa56a6307667b2b21f  mpdecimal-2.5.1.tar.gz
+sha256  942445c3245b22730fd41a67a7c5c231d11cb1b9936b9c0f76334fb7d0b4468c  mpdecimal-4.0.0.tar.gz
 # Locally computed
-sha256  b07528d8b1dbf1e2d2741052996f0876e23342ce2d30d0effa39c5457716c25a  LICENSE.txt
+sha256  2713324211652ce4a60e6e21e54f9dc3004299e591b0933a352f1a89c5fb53c2  COPYRIGHT.txt
diff --git a/package/mpdecimal/mpdecimal.mk b/package/mpdecimal/mpdecimal.mk
index aa322df340..a2ab18523b 100644
--- a/package/mpdecimal/mpdecimal.mk
+++ b/package/mpdecimal/mpdecimal.mk
@@ -5,10 +5,10 @@
 ################################################################################
 
 MPDECIMAL_SITE = http://www.bytereef.org/software/mpdecimal/releases
-MPDECIMAL_VERSION = 2.5.1
+MPDECIMAL_VERSION = 4.0.0
 MPDECIMAL_INSTALL_STAGING = YES
 MPDECIMAL_LICENSE = BSD-2-Clause
-MPDECIMAL_LICENSE_FILES = LICENSE.txt
+MPDECIMAL_LICENSE_FILES = COPYRIGHT.txt
 MPDECIMAL_CONF_OPTS = LD="$(TARGET_CC)"
 
 # threads are only needed for tests