diff --git a/libs/libyang/Makefile b/libs/libyang/Makefile
index cb198c0498..902951967d 100644
--- a/libs/libyang/Makefile
+++ b/libs/libyang/Makefile
@@ -8,15 +8,15 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=libyang
-PKG_VERSION:=0.13.75
+PKG_VERSION:=0.14.53
 PKG_RELEASE=$(PKG_SOURCE_VERSION)
 
 PKG_LICENSE:=GPL-2.0+
 PKG_MAINTAINER:=Mislav Novakovic <mislav.novakovic@sartura.hr>
 
 PKG_SOURCE_PROTO:=git
-PKG_SOURCE_VERSION:=e11255e32a63fdafe31764f5d594bed46d08f6a9
-PKG_MIRROR_HASH:=916cbfd52a04c6b306afa5fb684299f202c1c235689d8b57546a6b4eb4cc5a39
+PKG_SOURCE_VERSION:=2698bd6484526facbf82b1263810b938b82a2f23
+PKG_MIRROR_HASH:=3bfe4fd8236f0d1903d275aa76e039645d1093ef4204ab3b9bef46aecbe68f72
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION)-$(PKG_SOURCE_VERSION).tar.xz
 PKG_SOURCE_URL:=https://github.com/CESNET/libyang.git
 PKG_SOURCE_SUBDIR:=$(PKG_NAME)-$(PKG_VERSION)-$(PKG_SOURCE_VERSION)