diff --git a/gradle/javaLibsProject.gradle b/gradle/javaLibsProject.gradle
index e5bf4a0f2cf8..ab3e0df84f5c 100644
--- a/gradle/javaLibsProject.gradle
+++ b/gradle/javaLibsProject.gradle
@@ -54,7 +54,7 @@ dependencies {
     dist 'org.apache.geronimo.specs:geronimo-activation_1.1_spec:1.1'
     dist 'org.apache.geronimo.specs:geronimo-stax-api_1.0_spec:1.0.1'
     dist 'com.google.code.gson:gson:2.8.9'
-    dist 'com.google.guava:guava:31.0.1-jre'
+    dist 'com.google.guava:guava:32.0.0-jre'
     dist 'com.github.jknack:handlebars:4.3.1'
     dist 'com.sun.mail:javax.mail:1.6.2'
     dist 'jaxen:jaxen:1.1.6'
diff --git a/gradle/javaProject.gradle b/gradle/javaProject.gradle
index 732484c25b8d..8db8bbc7a11a 100644
--- a/gradle/javaProject.gradle
+++ b/gradle/javaProject.gradle
@@ -46,7 +46,7 @@ dependencies {
         implementation 'com.google.protobuf:protobuf-java:3.21.7'
         implementation 'com.google.code.findbugs:jsr305:3.0.2'
         implementation 'com.google.code.gson:gson:2.8.9'
-        implementation 'com.google.guava:guava:31.0.1-jre'
+        implementation 'com.google.guava:guava:32.0.0-jre'
         implementation 'com.moandjiezana.toml:toml4j:0.7.2'
         implementation 'com.sun.mail:javax.mail:1.6.2'
         implementation 'com.squareup.okhttp3:okhttp:3.14.9'
diff --git a/stdlib/websub/src/main/ballerina/Ballerina.toml b/stdlib/websub/src/main/ballerina/Ballerina.toml
index 8ce2f0641da1..a604feb9a904 100644
--- a/stdlib/websub/src/main/ballerina/Ballerina.toml
+++ b/stdlib/websub/src/main/ballerina/Ballerina.toml
@@ -211,6 +211,6 @@ target = "java8"
     [[platform.libraries]]
     artifactId = "guava"
     version = "19.0"
-    path = "./lib/guava-31.0.1-jre.jar"
+    path = "./lib/guava-32.0.0-jre.jar"
     groupId = "com.google.guava"
     modules = ["web-sub"]