diff --git a/subprojects/gst-plugins-base/gst-libs/gst/video/video-color.c b/subprojects/gst-plugins-base/gst-libs/gst/video/video-color.c
index 7075a73dcc..90fa380b18 100644
--- a/subprojects/gst-plugins-base/gst-libs/gst/video/video-color.c
+++ b/subprojects/gst-plugins-base/gst-libs/gst/video/video-color.c
@@ -269,6 +269,38 @@ gst_video_colorimetry_is_equal (const GstVideoColorimetry * cinfo,
   return CI_IS_EQUAL (cinfo, other);
 }
 
+/**
+ * gst_video_colorimetry_is_equivalent:
+ * @cinfo: a #GstVideoColorimetry
+ * @bitdepth: bitdepth of a format associated with @cinfo
+ * @other: another #GstVideoColorimetry
+ * @other_bitdepth: bitdepth of a format associated with @other
+ *
+ * Compare the 2 colorimetry sets for functionally equality
+ *
+ * Returns: %TRUE if @cinfo and @other are equivalent.
+ *
+ * Since: 1.22
+ */
+gboolean
+gst_video_colorimetry_is_equivalent (const GstVideoColorimetry * cinfo,
+    guint bitdepth, const GstVideoColorimetry * other, guint other_bitdepth)
+{
+  g_return_val_if_fail (cinfo != NULL, FALSE);
+  g_return_val_if_fail (other != NULL, FALSE);
+
+  if (cinfo->range != other->range || cinfo->matrix != other->matrix)
+    return FALSE;
+
+  if (!gst_video_color_primaries_is_equivalent (cinfo->primaries,
+          other->primaries)) {
+    return FALSE;
+  }
+
+  return gst_video_transfer_function_is_equivalent (cinfo->transfer, bitdepth,
+      other->transfer, other_bitdepth);
+}
+
 #define WP_C    0.31006, 0.31616
 #define WP_D65  0.31271, 0.32902
 #define WP_CENTRE (1/3), (1/3)
@@ -319,6 +351,35 @@ gst_video_color_primaries_get_info (GstVideoColorPrimaries primaries)
   return &color_primaries[primaries];
 }
 
+/**
+ * gst_video_color_primaries_is_equivalent:
+ * @primaries: a #GstVideoColorPrimaries
+ * @other: another #GstVideoColorPrimaries
+ *
+ * Checks whether @primaries and @other are functionally equivalent
+ *
+ * Returns: TRUE if @primaries and @other can be considered equivalent.
+ *
+ * Since: 1.22
+ */
+gboolean
+gst_video_color_primaries_is_equivalent (GstVideoColorPrimaries primaries,
+    GstVideoColorPrimaries other)
+{
+  if (primaries == other)
+    return TRUE;
+
+  /* smpte-170m and 240m use the same reference RGB primaries and white point */
+  if ((primaries == GST_VIDEO_COLOR_PRIMARIES_SMPTE170M ||
+          primaries == GST_VIDEO_COLOR_PRIMARIES_SMPTE240M) &&
+      (other == GST_VIDEO_COLOR_PRIMARIES_SMPTE170M ||
+          other == GST_VIDEO_COLOR_PRIMARIES_SMPTE240M)) {
+    return TRUE;
+  }
+
+  return FALSE;
+}
+
 /**
  * gst_video_color_matrix_get_Kr_Kb:
  * @matrix: a #GstVideoColorMatrix
diff --git a/subprojects/gst-plugins-base/gst-libs/gst/video/video-color.h b/subprojects/gst-plugins-base/gst-libs/gst/video/video-color.h
index c6ff3c8d85..ccdf64cf90 100644
--- a/subprojects/gst-plugins-base/gst-libs/gst/video/video-color.h
+++ b/subprojects/gst-plugins-base/gst-libs/gst/video/video-color.h
@@ -222,6 +222,10 @@ GST_VIDEO_API
 const GstVideoColorPrimariesInfo *
                 gst_video_color_primaries_get_info     (GstVideoColorPrimaries primaries);
 
+GST_VIDEO_API
+gboolean gst_video_color_primaries_is_equivalent       (GstVideoColorPrimaries primaries,
+                                                        GstVideoColorPrimaries other);
+
 /**
  * GstVideoColorimetry:
  * @range: the color range. This is the valid range for the samples.
@@ -262,6 +266,12 @@ gchar *      gst_video_colorimetry_to_string   (const GstVideoColorimetry *cinfo
 GST_VIDEO_API
 gboolean     gst_video_colorimetry_is_equal    (const GstVideoColorimetry *cinfo, const GstVideoColorimetry *other);
 
+GST_VIDEO_API
+gboolean     gst_video_colorimetry_is_equivalent (const GstVideoColorimetry *cinfo,
+                                                  guint bitdepth,
+                                                  const GstVideoColorimetry *other,
+                                                  guint other_bitdepth);
+
 /* compute offset and scale */
 
 GST_VIDEO_API
diff --git a/subprojects/gst-plugins-base/tests/check/libs/video.c b/subprojects/gst-plugins-base/tests/check/libs/video.c
index f17322da11..5792364fa3 100644
--- a/subprojects/gst-plugins-base/tests/check/libs/video.c
+++ b/subprojects/gst-plugins-base/tests/check/libs/video.c
@@ -4071,6 +4071,41 @@ GST_START_TEST (test_auto_video_frame_unmap)
 
 GST_END_TEST;
 
+static gboolean
+is_equal_primaries_coord (const GstVideoColorPrimariesInfo * a,
+    const GstVideoColorPrimariesInfo * b)
+{
+  return (a->Wx == b->Wx && a->Wy == b->Wy && a->Rx == b->Rx && a->Ry == a->Ry
+      && a->Gx == b->Gx && a->Gy == b->Gy && a->Bx == b->Bx && a->By == b->By);
+}
+
+GST_START_TEST (test_video_color_primaries_equivalent)
+{
+  guint i, j;
+
+  for (i = 0; i <= GST_VIDEO_COLOR_PRIMARIES_EBU3213; i++) {
+    for (j = 0; j <= GST_VIDEO_COLOR_PRIMARIES_EBU3213; j++) {
+      GstVideoColorPrimaries primaries = (GstVideoColorPrimaries) i;
+      GstVideoColorPrimaries other = (GstVideoColorPrimaries) j;
+      const GstVideoColorPrimariesInfo *primaries_info =
+          gst_video_color_primaries_get_info (primaries);
+      const GstVideoColorPrimariesInfo *other_info =
+          gst_video_color_primaries_get_info (other);
+      gboolean equal =
+          gst_video_color_primaries_is_equivalent (primaries, other);
+      gboolean same_coord = is_equal_primaries_coord (primaries_info,
+          other_info);
+
+      if (equal)
+        fail_unless (same_coord);
+      else
+        fail_if (same_coord);
+    }
+  }
+}
+
+GST_END_TEST;
+
 static Suite *
 video_suite (void)
 {
@@ -4127,6 +4162,7 @@ video_suite (void)
   tcase_add_test (tc_chain, test_video_make_raw_caps);
   tcase_add_test (tc_chain, test_video_extrapolate_stride);
   tcase_add_test (tc_chain, test_auto_video_frame_unmap);
+  tcase_add_test (tc_chain, test_video_color_primaries_equivalent);
 
   return s;
 }