diff --git a/meson.build b/meson.build
index a5fa0afe7c..9af89604a3 100644
--- a/meson.build
+++ b/meson.build
@@ -169,7 +169,9 @@ api_version = '1.0'
 soversion = 0
 # maintaining compatibility with the previous libtool versioning
 # current = minor * 100 + micro
-libversion = '@0@.@1@.0'.format(soversion, gst_version_minor * 100 + gst_version_micro)
+curversion = gst_version_minor * 100 + gst_version_micro
+libversion = '@0@.@1@.0'.format(soversion, curversion)
+osxversion = curversion + 1
 
 plugins_install_dir = '@0@/gstreamer-1.0'.format(get_option('libdir'))