diff --git a/package/binutils/Config.in.host b/package/binutils/Config.in.host
index ab646eea26..dfe7d548f1 100644
--- a/package/binutils/Config.in.host
+++ b/package/binutils/Config.in.host
@@ -7,7 +7,7 @@ config BR2_PACKAGE_HOST_BINUTILS_SUPPORTS_CFI
 
 choice
 	prompt "Binutils Version"
-	default BR2_BINUTILS_VERSION_2_32_X if !BR2_arc && !BR2_csky
+	default BR2_BINUTILS_VERSION_2_33_X if !BR2_arc && !BR2_csky
 	default BR2_BINUTILS_VERSION_ARC if BR2_arc
 	default BR2_BINUTILS_VERSION_CSKY if BR2_csky
 	help
diff --git a/package/binutils/binutils.mk b/package/binutils/binutils.mk
index 6e4687aeeb..326e6e2639 100644
--- a/package/binutils/binutils.mk
+++ b/package/binutils/binutils.mk
@@ -11,7 +11,7 @@ ifeq ($(BINUTILS_VERSION),)
 ifeq ($(BR2_arc),y)
 BINUTILS_VERSION = arc-2020.03-release
 else
-BINUTILS_VERSION = 2.32
+BINUTILS_VERSION = 2.33.1
 endif
 endif # BINUTILS_VERSION