diff --git a/go.mod b/go.mod
index 52ee877c..94f0875c 100644
--- a/go.mod
+++ b/go.mod
@@ -1,6 +1,6 @@
 module github.com/NVIDIA/nvidia-container-toolkit
 
-go 1.18
+go 1.20
 
 require (
 	github.com/BurntSushi/toml v1.2.1
diff --git a/versions.mk b/versions.mk
index 0cee76f7..d4fda6b8 100644
--- a/versions.mk
+++ b/versions.mk
@@ -31,7 +31,7 @@ NVIDIA_CONTAINER_RUNTIME_VERSION := 3.14.0
 LIBNVIDIA_CONTAINER0_VERSION := 0.10.0+jetpack
 
 CUDA_VERSION := 12.1.0
-GOLANG_VERSION := 1.18.8
+GOLANG_VERSION := 1.20.3
 
 GIT_COMMIT ?= $(shell git describe --match="" --dirty --long --always --abbrev=40 2> /dev/null || echo "")
 GIT_COMMIT_SHORT ?= $(shell git rev-parse --short HEAD 2> /dev/null || echo "")