diff --git a/changelogs/unreleased/update-libicu-static-build.md b/changelogs/unreleased/update-libicu-static-build.md
new file mode 100644
index 0000000000000000000000000000000000000000..716a020effe5bc2059e96eb49bda54e8e44a7eb3
--- /dev/null
+++ b/changelogs/unreleased/update-libicu-static-build.md
@@ -0,0 +1,3 @@
+## feature/build
+
+* Updated libicu version to 71.1 for static build.
diff --git a/static-build/CMakeLists.txt b/static-build/CMakeLists.txt
index 24e3638cc2d05670149bdd7b5140559863db063c..f3bb28ad0339f06b713372fc01922bc492a25617 100644
--- a/static-build/CMakeLists.txt
+++ b/static-build/CMakeLists.txt
@@ -8,8 +8,8 @@ cmake_minimum_required(VERSION 2.8)
 project(tarantool-static C CXX)
 
 include(ExternalProject)
-set(LIBICU_VERSION release-62-1/icu4c-62_1)
-set(LIBICU_HASH 490ad9d920158e0314e10ba74ae9a150)
+set(LIBICU_VERSION release-71-1/icu4c-71_1)
+set(LIBICU_HASH e06ffc96f59762bd3c929b217445aaec)
 set(LIBICONV_VERSION 1.16)
 set(LIBICONV_HASH 7d2a800b952942bb2880efb00cfd524c)
 set(OPENSSL_VERSION 1.1.1f)