diff --git a/.github/workflows/build-code.yml b/.github/workflows/build-code.yml
index e1f994749..55e98d3a2 100644
--- a/.github/workflows/build-code.yml
+++ b/.github/workflows/build-code.yml
@@ -13,7 +13,7 @@ jobs:
     strategy:
       matrix:
         node_version:
-          - 18
+          - 20
     steps:
       - name: Checkout code
         uses: actions/checkout@v4
diff --git a/.nvmrc b/.nvmrc
index 3f430af82..9a2a0e219 100644
--- a/.nvmrc
+++ b/.nvmrc
@@ -1 +1 @@
-v18
+v20
diff --git a/CHANGELOG.md b/CHANGELOG.md
index c0b428fd4..bed509d02 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -15,6 +15,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Optimized the 7d data gathering by prioritizing the currencies
 - Improved the language localization for German (`de`)
+- Upgraded `Node.js` from version `18` to `20` (`Dockerfile`)
 - Upgraded `Nx` from version `19.4.0` to `19.4.3`
 
 ### Fixed
diff --git a/Dockerfile b/Dockerfile
index d06c11cc4..37c61ca41 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,4 +1,4 @@
-FROM --platform=$BUILDPLATFORM node:18-slim as builder
+FROM --platform=$BUILDPLATFORM node:20-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:18-slim
+FROM node:20-slim
 
 LABEL org.opencontainers.image.source="https://github.com/ghostfolio/ghostfolio"
 
diff --git a/README.md b/README.md
index 42c8220fc..2815047eb 100644
--- a/README.md
+++ b/README.md
@@ -149,7 +149,7 @@ Ghostfolio is available for various home server systems, including [CasaOS](http
 ### Prerequisites
 
 - [Docker](https://www.docker.com/products/docker-desktop)
-- [Node.js](https://nodejs.org/en/download) (version 18+)
+- [Node.js](https://nodejs.org/en/download) (version 20+)
 - [Yarn](https://yarnpkg.com/en/docs/install)
 - Create a local copy of this Git repository (clone)
 - Copy the file `.env.dev` to `.env` and populate it with your data (`cp .env.dev .env`)
diff --git a/package.json b/package.json
index 7237a2cb1..c6bca2114 100644
--- a/package.json
+++ b/package.json
@@ -175,7 +175,7 @@
     "@types/google-spreadsheet": "3.1.5",
     "@types/jest": "29.4.4",
     "@types/lodash": "4.17.0",
-    "@types/node": "18.16.9",
+    "@types/node": "20.14.10",
     "@types/papaparse": "5.3.7",
     "@types/passport-google-oauth20": "2.0.16",
     "@typescript-eslint/eslint-plugin": "6.21.0",
@@ -199,13 +199,13 @@
     "shx": "0.3.4",
     "storybook": "7.0.9",
     "ts-jest": "29.1.0",
-    "ts-node": "10.9.1",
+    "ts-node": "10.9.2",
     "tslib": "2.6.0",
     "typescript": "5.4.4",
     "webpack-bundle-analyzer": "4.10.1"
   },
   "engines": {
-    "node": ">=18"
+    "node": ">=20"
   },
   "prisma": {
     "seed": "node prisma/seed.js"
diff --git a/yarn.lock b/yarn.lock
index 740c13224..6177d2d2a 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -8008,10 +8008,12 @@
   dependencies:
     undici-types "~5.26.4"
 
-"@types/node@18.16.9":
-  version "18.16.9"
-  resolved "https://registry.yarnpkg.com/@types/node/-/node-18.16.9.tgz#e79416d778a8714597342bb87efb5a6e914f7a73"
-  integrity sha512-IeB32oIV4oGArLrd7znD2rkHQ6EDCM+2Sr76dJnrHwv9OHBTTM6nuDLK9bmikXzPa0ZlWMWtRGo/Uw4mrzQedA==
+"@types/node@20.14.10":
+  version "20.14.10"
+  resolved "https://registry.yarnpkg.com/@types/node/-/node-20.14.10.tgz#a1a218290f1b6428682e3af044785e5874db469a"
+  integrity sha512-MdiXf+nDuMvY0gJKxyfZ7/6UFsETO7mGKF54MVD/ekJS6HdFtpZFBgrh6Pseu64XTb2MLyFPlbW6hj8HYRQNOQ==
+  dependencies:
+    undici-types "~5.26.4"
 
 "@types/node@^16.0.0":
   version "16.18.59"
@@ -19651,6 +19653,25 @@ ts-node@10.9.1, ts-node@^10.8.2:
     v8-compile-cache-lib "^3.0.1"
     yn "3.1.1"
 
+ts-node@10.9.2:
+  version "10.9.2"
+  resolved "https://registry.yarnpkg.com/ts-node/-/ts-node-10.9.2.tgz#70f021c9e185bccdca820e26dc413805c101c71f"
+  integrity sha512-f0FFpIdcHgn8zcPSbf1dRevwt047YMnaiJM3u2w2RewrB+fob/zePZcrOyQoLMMO7aBIddLcQIEK5dYjkLnGrQ==
+  dependencies:
+    "@cspotcode/source-map-support" "^0.8.0"
+    "@tsconfig/node10" "^1.0.7"
+    "@tsconfig/node12" "^1.0.7"
+    "@tsconfig/node14" "^1.0.0"
+    "@tsconfig/node16" "^1.0.2"
+    acorn "^8.4.1"
+    acorn-walk "^8.1.1"
+    arg "^4.1.0"
+    create-require "^1.1.0"
+    diff "^4.0.1"
+    make-error "^1.1.1"
+    v8-compile-cache-lib "^3.0.1"
+    yn "3.1.1"
+
 ts-toolbelt@^9.6.0:
   version "9.6.0"
   resolved "https://registry.yarnpkg.com/ts-toolbelt/-/ts-toolbelt-9.6.0.tgz#50a25426cfed500d4a09bd1b3afb6f28879edfd5"