diff --git a/package/php-yaml/php-yaml.hash b/package/php-yaml/php-yaml.hash
index 4fa5dfbc16..796e654659 100644
--- a/package/php-yaml/php-yaml.hash
+++ b/package/php-yaml/php-yaml.hash
@@ -1,3 +1,3 @@
 # Locally calculated
-sha256  5937eb9722ddf6d64626799cfa024598ff2452ea157992e4e67331a253f90236  yaml-2.2.3.tgz
+sha256  bc8404807a3a4dc896b310af21a7f8063aa238424ff77f27eb6ffa88b5874b8a  yaml-2.3.0.tgz
 sha256  68d9700294396c72089bfc7bf38a5b3654a53ae415f3bd37768848c14e86f338  LICENSE
diff --git a/package/php-yaml/php-yaml.mk b/package/php-yaml/php-yaml.mk
index e825e3146f..440b07afe4 100644
--- a/package/php-yaml/php-yaml.mk
+++ b/package/php-yaml/php-yaml.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-PHP_YAML_VERSION = 2.2.3
+PHP_YAML_VERSION = 2.3.0
 PHP_YAML_SOURCE = yaml-$(PHP_YAML_VERSION).tgz
 PHP_YAML_SITE = https://pecl.php.net/get
 PHP_YAML_CONF_OPTS = --with-php-config=$(STAGING_DIR)/usr/bin/php-config \