diff --git a/depends/packages/freetype.mk b/depends/packages/freetype.mk
index aebc8a5f3bb..6f5dbe0f013 100644
--- a/depends/packages/freetype.mk
+++ b/depends/packages/freetype.mk
@@ -1,12 +1,12 @@
 package=freetype
-$(package)_version=2.7.1
+$(package)_version=2.11.0
 $(package)_download_path=https://download.savannah.gnu.org/releases/$(package)
-$(package)_file_name=$(package)-$($(package)_version).tar.bz2
-$(package)_sha256_hash=3a3bb2c4e15ffb433f2032f50a5b5a92558206822e22bfe8cbe339af4aa82f88
+$(package)_file_name=$(package)-$($(package)_version).tar.xz
+$(package)_sha256_hash=8bee39bd3968c4804b70614a0a3ad597299ad0e824bc8aad5ce8aaf48067bde7
 
 define $(package)_set_vars
   $(package)_config_opts=--without-zlib --without-png --without-harfbuzz --without-bzip2 --disable-static
-  $(package)_config_opts += --enable-option-checking
+  $(package)_config_opts += --enable-option-checking --without-brotli
   $(package)_config_opts_linux=--with-pic
 endef
 
diff --git a/doc/dependencies.md b/doc/dependencies.md
index 83879702936..f2b6760ac2a 100644
--- a/doc/dependencies.md
+++ b/doc/dependencies.md
@@ -9,7 +9,7 @@ These are the dependencies currently used by Bitcoin Core. You can find instruct
 | Boost | [1.71.0](https://www.boost.org/users/download/) | [1.64.0](https://github.com/bitcoin/bitcoin/pull/22320) | No |  |  |
 | Clang<sup>[ \* ](#note1)</sup> |  | [7.0](https://releases.llvm.org/download.html) (C++17 & std::filesystem support) |  |  |  |
 | fontconfig | [2.12.1](https://www.freedesktop.org/software/fontconfig/release/) |  | No | Yes |  |
-| FreeType | [2.7.1](https://download.savannah.gnu.org/releases/freetype) |  | No |  | [Yes](https://github.com/bitcoin/bitcoin/blob/master/depends/packages/qt.mk) (Android only) |
+| FreeType | [2.11.0](https://download.savannah.gnu.org/releases/freetype) |  | No |  | [Yes](https://github.com/bitcoin/bitcoin/blob/master/depends/packages/qt.mk) (Android only) |
 | GCC |  | [8.1](https://gcc.gnu.org/) (C++17 & std::filesystem support) |  |  |  |
 | glibc | | [2.18](https://www.gnu.org/software/libc/) |  |  |  |  |
 | HarfBuzz-NG |  |  |  |  | [Yes](https://github.com/bitcoin/bitcoin/blob/master/depends/packages/qt.mk) |