diff --git a/.versions.json b/.versions.json
index 5144645..09996aa 100644
--- a/.versions.json
+++ b/.versions.json
@@ -1,5 +1,5 @@
 {
   "DEBIAN_VERSION": "buster-20240612-slim",
-  "IMAGE_RELEASE_VERSION": "16",
-  "PGBOUNCER_VERSION": "1.22.1"
+  "IMAGE_RELEASE_VERSION": "1",
+  "PGBOUNCER_VERSION": "1.23.0"
 }
diff --git a/Dockerfile b/Dockerfile
index 1c2291f..f26b319 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -15,7 +15,7 @@
 # limitations under the License.
 #
 ARG DEBIAN_VERSION=buster-20240612-slim
-ARG PGBOUNCER_VERSION=1.22.1
+ARG PGBOUNCER_VERSION=1.23.0
 
 FROM debian:${DEBIAN_VERSION} AS build
 ARG PGBOUNCER_VERSION
@@ -42,8 +42,8 @@ ARG TARGETARCH
 
 LABEL name="PgBouncer Container Images" \
       vendor="The CloudNativePG Contributors" \
-      version="1.22.1" \
-      release="16" \
+      version="1.23.0" \
+      release="1" \
       summary="Container images for PgBouncer (connection pooler for PostgreSQL)." \
       description="This Docker image contains PgBouncer based on Debian ${DEBIAN_VERSION}."