diff --git a/package/python-gnupg/python-gnupg.hash b/package/python-gnupg/python-gnupg.hash
index 5d722a1b95..9f3ba63721 100644
--- a/package/python-gnupg/python-gnupg.hash
+++ b/package/python-gnupg/python-gnupg.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/python-gnupg/json
-md5  48c77a551bed992d19f7a99e3c6fb9d6  python-gnupg-0.5.3.tar.gz
-sha256  290d8ddb9cd63df96cfe9284b9b265f19fd6e145e5582dc58fd7271f026d0a47  python-gnupg-0.5.3.tar.gz
+md5  8358b54f2c76b714545f04df3f33df28  python-gnupg-0.5.4.tar.gz
+sha256  f2fdb5fb29615c77c2743e1cb3d9314353a6e87b10c37d238d91ae1c6feae086  python-gnupg-0.5.4.tar.gz
 # Locally computed sha256 checksums
 sha256  4104ca980dbca7603fc553078378eb14566a76f819d033d7bff89fd6a97e181b  LICENSE.txt
diff --git a/package/python-gnupg/python-gnupg.mk b/package/python-gnupg/python-gnupg.mk
index 00c1b9edde..ae5548660f 100644
--- a/package/python-gnupg/python-gnupg.mk
+++ b/package/python-gnupg/python-gnupg.mk
@@ -4,8 +4,8 @@
 #
 ################################################################################
 
-PYTHON_GNUPG_VERSION = 0.5.3
-PYTHON_GNUPG_SITE = https://files.pythonhosted.org/packages/85/61/2df3cd6f49dbb2d4a6a567cac1d803e3a50d86207e196d0f9e67a48664f7
+PYTHON_GNUPG_VERSION = 0.5.4
+PYTHON_GNUPG_SITE = https://files.pythonhosted.org/packages/f1/3e/ba0dc69c9f4e0aeb24d93175230ef057c151790a7516012f61014918992d
 PYTHON_GNUPG_LICENSE = BSD-3-Clause
 PYTHON_GNUPG_LICENSE_FILES = LICENSE.txt
 PYTHON_GNUPG_CPE_ID_VENDOR = python