diff --git a/.github/workflows/build-code.yml b/.github/workflows/build-code.yml
index c1e950ba7..262729f29 100644
--- a/.github/workflows/build-code.yml
+++ b/.github/workflows/build-code.yml
@@ -10,7 +10,7 @@ jobs:
     strategy:
       matrix:
         node_version:
-          - 16
+          - 18
     steps:
       - name: Checkout code
         uses: actions/checkout@v3
diff --git a/.nvmrc b/.nvmrc
index 6f7f377bf..3f430af82 100644
--- a/.nvmrc
+++ b/.nvmrc
@@ -1 +1 @@
-v16
+v18
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 33d7d5b34..1fee8c60b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,11 +5,12 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## Changelog
+## Unreleased
 
 ### Changed
 
 - Extended the clone functionality of a transaction by the quantity
+- Upgraded `Node.js` from version `16` to `18` (`Dockerfile`)
 
 ## 1.277.0 - 2023-06-07
 
diff --git a/Dockerfile b/Dockerfile
index 99385d7e0..cdebe275d 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,4 +1,4 @@
-FROM --platform=$BUILDPLATFORM node:16-slim as builder
+FROM --platform=$BUILDPLATFORM node:18-slim as builder
 
 # Build application and add additional files
 WORKDIR /ghostfolio
@@ -50,7 +50,7 @@ COPY package.json /ghostfolio/dist/apps/api
 RUN yarn database:generate-typings
 
 # Image to run, copy everything needed from builder
-FROM node:16-slim
+FROM node:18-slim
 RUN apt update && apt install -y \
     openssl \
     && rm -rf /var/lib/apt/lists/*
diff --git a/README.md b/README.md
index 912bf8374..3872caac6 100644
--- a/README.md
+++ b/README.md
@@ -145,7 +145,7 @@ Please follow the instructions of the Ghostfolio [Unraid Community App](https://
 ### Prerequisites
 
 - [Docker](https://www.docker.com/products/docker-desktop)
-- [Node.js](https://nodejs.org/en/download) (version 16)
+- [Node.js](https://nodejs.org/en/download) (version 18+)
 - [Yarn](https://yarnpkg.com/en/docs/install)
 - Create a local copy of this Git repository (clone)
 - Copy the file `.env.example` to `.env` and populate it with your data (`cp .env.example .env`)
diff --git a/package.json b/package.json
index 45e317528..9bc9cbdfe 100644
--- a/package.json
+++ b/package.json
@@ -198,7 +198,7 @@
     "typescript": "4.9.5"
   },
   "engines": {
-    "node": ">=16"
+    "node": ">=18"
   },
   "importSort": {
     ".ts": {