diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8cbd138e5..212edba3a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [1.33.2](https://github.com/GoogleCloudPlatform/cloud-sql-proxy/compare/v1.33.1...v1.33.2) (2022-12-19)
+
+
+### Bug Fixes
+
+* update dependencies to latest versions ([#1581](https://github.com/GoogleCloudPlatform/cloud-sql-proxy/issues/1581)) ([e23ccb4](https://github.com/GoogleCloudPlatform/cloud-sql-proxy/commit/e23ccb404df2f4291429ea3d5d65c0aa8cf8cfac))
+
 ## [1.33.1](https://github.com/GoogleCloudPlatform/cloud-sql-proxy/compare/v1.33.0...v1.33.1) (2022-11-15)
 
 
diff --git a/cmd/cloud_sql_proxy/version.txt b/cmd/cloud_sql_proxy/version.txt
index 05df8122e..80c8c0bd3 100644
--- a/cmd/cloud_sql_proxy/version.txt
+++ b/cmd/cloud_sql_proxy/version.txt
@@ -1 +1 @@
-1.33.2-dev
+1.33.2