diff --git a/package/gstreamer1/gst1-python/gst1-python.hash b/package/gstreamer1/gst1-python/gst1-python.hash
index a2f17583fd..fe1e2068b1 100644
--- a/package/gstreamer1/gst1-python/gst1-python.hash
+++ b/package/gstreamer1/gst1-python/gst1-python.hash
@@ -1,3 +1,3 @@
-# From https://gstreamer.freedesktop.org/src/gst-python/gst-python-1.20.0.tar.xz.sha256sum
-sha256  8f67bdc5606ba33606c6bc896e89de7dcd8cf4fca459f71389b1b6fe075b5e54  gst-python-1.20.0.tar.xz
+# From https://gstreamer.freedesktop.org/src/gst-python/gst-python-1.20.1.tar.xz.sha256sum
+sha256  ba6cd59faa3db3981d8c6982351c239d823c0b8e80b1acf58d2997b050289422  gst-python-1.20.1.tar.xz
 sha256  ea3ad127610e5ded2210b3a86a46314f2b3b28e438eccffdae19a4d6fbcdb0c2  COPYING
diff --git a/package/gstreamer1/gst1-python/gst1-python.mk b/package/gstreamer1/gst1-python/gst1-python.mk
index a9cc32d1d7..3fd8059bee 100644
--- a/package/gstreamer1/gst1-python/gst1-python.mk
+++ b/package/gstreamer1/gst1-python/gst1-python.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-GST1_PYTHON_VERSION = 1.20.0
+GST1_PYTHON_VERSION = 1.20.1
 GST1_PYTHON_SOURCE = gst-python-$(GST1_PYTHON_VERSION).tar.xz
 GST1_PYTHON_SITE = https://gstreamer.freedesktop.org/src/gst-python
 GST1_PYTHON_INSTALL_STAGING = YES