diff --git a/types/wordpress__components/index.d.ts b/types/wordpress__components/index.d.ts
index c7a011d15e87cf..cc8b75245b3635 100644
--- a/types/wordpress__components/index.d.ts
+++ b/types/wordpress__components/index.d.ts
@@ -1,4 +1,4 @@
-// Type definitions for @wordpress/components 19.10
+// Type definitions for @wordpress/components 23.0
 // Project: https://github.com/WordPress/gutenberg/tree/trunk/packages/components
 // Definitions by: Derek Sifford <https://github.com/dsifford>
 //                 Jon Surrell <https://github.com/sirreal>
diff --git a/types/wordpress__components/package.json b/types/wordpress__components/package.json
index d1467c8ef62fee..1acc8b4f8b3f63 100644
--- a/types/wordpress__components/package.json
+++ b/types/wordpress__components/package.json
@@ -1,7 +1,7 @@
 {
     "private": true,
     "dependencies": {
-        "@wordpress/element": "^4.1.0",
+        "@wordpress/element": "^5.0.0",
         "downshift": "^6.0.15",
         "re-resizable": "^6.4.0"
     }
diff --git a/types/wordpress__compose/index.d.ts b/types/wordpress__compose/index.d.ts
index 4de3db8fc33a3b..7e49f55083bafc 100644
--- a/types/wordpress__compose/index.d.ts
+++ b/types/wordpress__compose/index.d.ts
@@ -1,4 +1,4 @@
-// Type definitions for @wordpress/compose 4.0
+// Type definitions for @wordpress/compose 6.0
 // Project: https://github.com/WordPress/gutenberg/tree/master/packages/compose/README.md
 // Definitions by: Derek Sifford <https://github.com/dsifford>
 // Definitions: https://github.com/DefinitelyTyped/DefinitelyTyped
diff --git a/types/wordpress__compose/package.json b/types/wordpress__compose/package.json
index ef354c2ddcd57c..cc63f55b4b5292 100644
--- a/types/wordpress__compose/package.json
+++ b/types/wordpress__compose/package.json
@@ -1,6 +1,6 @@
 {
     "private": true,
     "dependencies": {
-        "@wordpress/element": "^3.0.0"
+        "@wordpress/element": "^5.0.0"
     }
 }