diff --git a/CHANGELOG.md b/CHANGELOG.md
index 28fbc3b1..a2c51e2d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,8 +4,15 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/)
 and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.html).
 
-## Unreleased
-- No changes yet.
+## [1.16.0] - 2022-12-13
+### Added
+- Add `RecoverFromPanics` option, which provides panic-recovery mechanism for Container.
+- Add `Error` interface which enables distinguishing errors from Dig using standard `errors`
+  package.
+
+Thanks to @mie998 for their contribution(s) to this release.
+
+[1.l6.0]: https://github.com/uber-go/dig/compare/v1.15.0...v1.16.0
 
 ## [1.15.0] - 2022-08-02
 ### Added
diff --git a/version.go b/version.go
index dba8b0c9..3f7a6eb9 100644
--- a/version.go
+++ b/version.go
@@ -21,4 +21,4 @@
 package dig
 
 // Version of the library.
-const Version = "1.16.0-dev"
+const Version = "1.16.0"