diff --git a/package/jemalloc/jemalloc.hash b/package/jemalloc/jemalloc.hash
index 5db53d0535..214fe8062b 100644
--- a/package/jemalloc/jemalloc.hash
+++ b/package/jemalloc/jemalloc.hash
@@ -1,3 +1,3 @@
 # Locally calculated
-sha256 34330e5ce276099e2e8950d9335db5a875689a4c6a56751ef3b1d8c537f887f6  jemalloc-5.2.1.tar.bz2
-sha256 94aa2caa98c25d942f58b956c71dba6a99ff98fc3a31cbc669fe2a4cd0268b53  COPYING
+sha256  2db82d1e7119df3e71b7640219b6dfe84789bc0537983c3b7ac4f7189aecfeaa  jemalloc-5.3.0.tar.bz2
+sha256  94aa2caa98c25d942f58b956c71dba6a99ff98fc3a31cbc669fe2a4cd0268b53  COPYING
diff --git a/package/jemalloc/jemalloc.mk b/package/jemalloc/jemalloc.mk
index e43a4f7906..bd8a2d7654 100644
--- a/package/jemalloc/jemalloc.mk
+++ b/package/jemalloc/jemalloc.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-JEMALLOC_VERSION = 5.2.1
+JEMALLOC_VERSION = 5.3.0
 JEMALLOC_SOURCE = jemalloc-$(JEMALLOC_VERSION).tar.bz2
 JEMALLOC_SITE = https://github.com/jemalloc/jemalloc/releases/download/$(JEMALLOC_VERSION)
 JEMALLOC_LICENSE = BSD-2-Clause