diff --git a/package.json b/package.json
index 198745acd77..4e760b4cd1d 100644
--- a/package.json
+++ b/package.json
@@ -98,7 +98,7 @@
     "@types/moment-timezone": "0.5.13",
     "@types/mousetrap": "1.6.3",
     "@types/node": "13.7.0",
-    "@types/papaparse": "4.5.9",
+    "@types/papaparse": "5.2.0",
     "@types/prismjs": "1.16.0",
     "@types/react": "16.8.16",
     "@types/react-beautiful-dnd": "12.1.2",
@@ -254,7 +254,7 @@
     "mousetrap": "1.6.5",
     "mousetrap-global-bind": "1.1.0",
     "nodemon": "2.0.2",
-    "papaparse": "4.6.3",
+    "papaparse": "5.3.0",
     "prismjs": "1.21.0",
     "prop-types": "15.7.2",
     "rc-cascader": "1.0.1",
diff --git a/packages/grafana-data/package.json b/packages/grafana-data/package.json
index 158e0c3f7fd..c6e47ff385a 100644
--- a/packages/grafana-data/package.json
+++ b/packages/grafana-data/package.json
@@ -38,7 +38,7 @@
     "@types/jquery": "3.3.38",
     "@types/lodash": "4.14.123",
     "@types/node": "10.14.1",
-    "@types/papaparse": "4.5.9",
+    "@types/papaparse": "5.2.0",
     "@types/react": "16.8.16",
     "@types/rollup-plugin-visualizer": "2.6.0",
     "@types/sinon": "^7.5.2",
diff --git a/packages/grafana-data/src/utils/csv.ts b/packages/grafana-data/src/utils/csv.ts
index 783dca09e7a..fa291b2a84e 100644
--- a/packages/grafana-data/src/utils/csv.ts
+++ b/packages/grafana-data/src/utils/csv.ts
@@ -72,7 +72,7 @@ export class CSVReader {
   }
 
   // PapaParse callback on each line
-  private step = (results: ParseResult, parser: Parser): void => {
+  private chunk = (results: ParseResult<any>, parser: Parser): void => {
     for (let i = 0; i < results.data.length; i++) {
       const line: string[] = results.data[i];
       if (line.length < 1) {
@@ -181,7 +181,7 @@ export class CSVReader {
       dynamicTyping: false,
       skipEmptyLines: true,
       comments: false, // Keep comment lines
-      step: this.step,
+      chunk: this.chunk,
     } as ParseConfig;
 
     Papa.parse(text, papacfg);
diff --git a/packages/grafana-ui/package.json b/packages/grafana-ui/package.json
index b97619cda7e..008065ad496 100644
--- a/packages/grafana-ui/package.json
+++ b/packages/grafana-ui/package.json
@@ -48,7 +48,7 @@
     "lodash": "4.17.19",
     "moment": "2.24.0",
     "monaco-editor": "0.20.0",
-    "papaparse": "4.6.3",
+    "papaparse": "5.3.0",
     "rc-cascader": "1.0.1",
     "rc-drawer": "3.1.3",
     "rc-slider": "9.3.1",
@@ -87,7 +87,7 @@
     "@types/jquery": "3.3.38",
     "@types/lodash": "4.14.123",
     "@types/node": "10.14.1",
-    "@types/papaparse": "4.5.9",
+    "@types/papaparse": "5.2.0",
     "@types/rc-slider": "8.6.5",
     "@types/react": "16.8.16",
     "@types/react-custom-scrollbars": "4.0.5",
diff --git a/yarn.lock b/yarn.lock
index 479385396be..e954f0be0af 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -6335,10 +6335,10 @@
   resolved "https://registry.yarnpkg.com/@types/npmlog/-/npmlog-4.1.2.tgz#d070fe6a6b78755d1092a3dc492d34c3d8f871c4"
   integrity sha512-4QQmOF5KlwfxJ5IGXFIudkeLCdMABz03RcUXu+LCb24zmln8QW6aDjuGl4d4XPVLf2j+FnjelHTP7dvceAFbhA==
 
-"@types/papaparse@4.5.9":
-  version "4.5.9"
-  resolved "https://registry.yarnpkg.com/@types/papaparse/-/papaparse-4.5.9.tgz#ff887bd362f57cd0c87320d2de38ac232bb55e81"
-  integrity sha512-8Pmxp2IEd/y58tOIsiZkCbAkcKI7InYVpwZFVKJyweCVnqnVahKXVjfSo6gvxUVykQsJvtWB+s6Kc60znVfQVw==
+"@types/papaparse@5.2.0":
+  version "5.2.0"
+  resolved "https://registry.yarnpkg.com/@types/papaparse/-/papaparse-5.2.0.tgz#6eb999e8b750746471c19274dbdce541de7885ab"
+  integrity sha512-c5JO2AnHafLfQvGPggBIIHrmYTkIYlathYHQP72jhUtbzko3DrXCnudRN7y6+/WbHdjOQvuxUslGhshIO0V1WA==
   dependencies:
     "@types/node" "*"
 
@@ -19633,10 +19633,10 @@ pako@~1.0.5:
   resolved "https://registry.yarnpkg.com/pako/-/pako-1.0.10.tgz#4328badb5086a426aa90f541977d4955da5c9732"
   integrity sha512-0DTvPVU3ed8+HNXOu5Bs+o//Mbdj9VNQMUOe9oKCwh8l0GNwpTDMKCWbRjgtD291AWnkAgkqA/LOnQS8AmS1tw==
 
-papaparse@4.6.3:
-  version "4.6.3"
-  resolved "https://registry.yarnpkg.com/papaparse/-/papaparse-4.6.3.tgz#742e5eaaa97fa6c7e1358d2934d8f18f44aee781"
-  integrity sha512-LRq7BrHC2kHPBYSD50aKuw/B/dGcg29omyJbKWY3KsYUZU69RKwaBHu13jGmCYBtOc4odsLCrFyk6imfyNubJQ==
+papaparse@5.3.0:
+  version "5.3.0"
+  resolved "https://registry.yarnpkg.com/papaparse/-/papaparse-5.3.0.tgz#ab1702feb96e79ab4309652f36db9536563ad05a"
+  integrity sha512-Lb7jN/4bTpiuGPrYy4tkKoUS8sTki8zacB5ke1p5zolhcSE4TlWgrlsxjrDTbG/dFVh07ck7X36hUf/b5V68pg==
 
 parallel-transform@^1.1.0:
   version "1.2.0"