diff --git a/pkgs/development/tools/ocaml/ocamlbuild/default.nix b/pkgs/development/tools/ocaml/ocamlbuild/default.nix
index a383d3760890..03460b3b5548 100644
--- a/pkgs/development/tools/ocaml/ocamlbuild/default.nix
+++ b/pkgs/development/tools/ocaml/ocamlbuild/default.nix
@@ -4,7 +4,7 @@
   fetchFromGitHub,
   ocaml,
   findlib,
-  version ? if lib.versionAtLeast ocaml.version "4.08" then "0.15.0" else "0.14.3",
+  version ? if lib.versionAtLeast ocaml.version "4.08" then "0.16.1" else "0.14.3",
 }:
 
 stdenv.mkDerivation (finalAttrs: {
@@ -18,7 +18,7 @@ stdenv.mkDerivation (finalAttrs: {
     hash =
       {
         "0.14.3" = "sha256-dfcNu4ugOYu/M0rRQla7lXum/g1UzncdLGmpPYo0QUM=";
-        "0.15.0" = "sha256-j4Nd5flyvshIo+XFtBS0fKqdd9YcxYsjE7ty6rZLDRc=";
+        "0.16.1" = "sha256-RpHVX0o4QduN73j+omlZlycRJaGZWfwHO5kq/WsEGZE=";
       }
       ."${finalAttrs.version}";
   };