diff --git a/package/python-setuptools/python-setuptools.hash b/package/python-setuptools/python-setuptools.hash
index f116a69f74..c905d8254a 100644
--- a/package/python-setuptools/python-setuptools.hash
+++ b/package/python-setuptools/python-setuptools.hash
@@ -1,3 +1,3 @@
 # Locally calculated
-sha256  2599b4c452e77824bbd6da28d16b1fe8159c7a4c203d8d419d8b348fde7b9549  python-setuptools-v38.4.0.tar.gz
+sha256  327e232b1809c9481256408fe9233bcf6a27f9f63ddbbadc526f451e5027aad5  python-setuptools-v40.0.0.tar.gz
 sha256  c32a3ac395af6321efd28be73d06a00f0db6ab887d1c21d4fec46128d2056d5a  LICENSE
diff --git a/package/python-setuptools/python-setuptools.mk b/package/python-setuptools/python-setuptools.mk
index 004fc0db2a..8db8511286 100644
--- a/package/python-setuptools/python-setuptools.mk
+++ b/package/python-setuptools/python-setuptools.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-PYTHON_SETUPTOOLS_VERSION = v38.4.0
+PYTHON_SETUPTOOLS_VERSION = v40.0.0
 PYTHON_SETUPTOOLS_SITE = $(call github,pypa,setuptools,$(PYTHON_SETUPTOOLS_VERSION))
 PYTHON_SETUPTOOLS_LICENSE = MIT
 PYTHON_SETUPTOOLS_LICENSE_FILES = LICENSE