diff --git a/exampleSite/config/_default/config.toml b/exampleSite/config/_default/config.toml
index efaa673f131..c4e6833ad09 100644
--- a/exampleSite/config/_default/config.toml
+++ b/exampleSite/config/_default/config.toml
@@ -231,3 +231,5 @@ title = "Hugo Relearn Documentation"
   # security reasons
   mermaidInitialize = "{ \"securityLevel\": \"loose\" }"
   mermaidZoom = true
+  [params.siteparam.test]
+    text = "A **nested** parameter <b>with</b> formatting"
diff --git a/exampleSite/content/basics/migration/_index.en.md b/exampleSite/content/basics/migration/_index.en.md
index 5c5dfcaa8ae..c4969923ffe 100644
--- a/exampleSite/content/basics/migration/_index.en.md
+++ b/exampleSite/content/basics/migration/_index.en.md
@@ -32,6 +32,8 @@ This document shows you what's new in the latest release. For a detailed list of
 
   In addition it offers some extensions. Currently only the `wrap` extension option is provided to control whether a code block should be wrapped or scrolled if to long to fit.
 
+- {{% badge style="info" icon="plus-circle" title=" " %}}New{{% /badge %}} The [`siteparam` shortcode]({{% relref "shortcodes/siteparam" %}}) is now capable to display nested params aswell as adding support for text formatting.
+
 ---
 
 ## 5.16.0 (2023-06-10)
diff --git a/exampleSite/content/shortcodes/siteparam.en.md b/exampleSite/content/shortcodes/siteparam.en.md
index 7fa2a3c2fe4..fc0e2d52f55 100644
--- a/exampleSite/content/shortcodes/siteparam.en.md
+++ b/exampleSite/content/shortcodes/siteparam.en.md
@@ -1,6 +1,6 @@
 +++
 description = "Get value of site params"
-title = "Site Param"
+title = "SiteParam"
 +++
 
 The `siteparam` shortcode prints values of site params.
@@ -52,3 +52,26 @@ While the examples are using shortcodes with named parameter you are free to use
 ```
 
 `editURL` value: {{% siteparam name="editURL" %}}
+
+### Nested parameter with Markdown and HTML formatting
+
+To use formatted parameter, add this in your `config.toml`:
+
+````toml
+[markup.goldmark.renderer]
+    unsafe = true
+````
+
+{{% tab title="config.toml" %}}
+````toml
+[params]
+    [params.siteparam.test]
+        text = "A **nested** parameter <b>with</b> formatting"
+````
+{{% /tab %}}
+
+```go
+Formatted parameter: {{%/* siteparam name="siteparam.test.text" */%}}
+```
+
+Formatted parameter: {{% siteparam name="siteparam.test.text" %}}
diff --git a/exampleSite/content/shortcodes/siteparam.pir.md b/exampleSite/content/shortcodes/siteparam.pir.md
index f6b3da9860e..29e32ece46e 100644
--- a/exampleSite/content/shortcodes/siteparam.pir.md
+++ b/exampleSite/content/shortcodes/siteparam.pir.md
@@ -1,5 +1,5 @@
 +++
 descrption = "Get value o' ship parrrams varrriables 'n yer plank"
-title = "Ship Param"
+title = "SiteParam"
 +++
 {{< piratify >}}
\ No newline at end of file
diff --git a/layouts/partials/shortcodes/siteparam.html b/layouts/partials/shortcodes/siteparam.html
index edfa288ed8e..fb78381b3a5 100644
--- a/layouts/partials/shortcodes/siteparam.html
+++ b/layouts/partials/shortcodes/siteparam.html
@@ -1,10 +1,11 @@
 {{- $context := .context }}
-{{- $paramName := .name }}
+{{- $paramNames := split .name "." }}
 {{- with $context }}
-{{- $siteParams := .Site.Params }}
-{{- with $paramName }}
-    {{- with $siteParams }}
-        {{- index . (lower $paramName) }}
+{{- $params := .Site.Params }}
+{{- range $paramName := $paramNames }}
+    {{- with $params }}
+        {{- $params = index . (lower $paramName) }}
     {{- end }}
 {{- end }}
+{{- $params | .RenderString }}
 {{- end }}
\ No newline at end of file