diff --git a/package/docker-compose/docker-compose.hash b/package/docker-compose/docker-compose.hash
index 92f7b227d3..ca3d08cf63 100644
--- a/package/docker-compose/docker-compose.hash
+++ b/package/docker-compose/docker-compose.hash
@@ -1,3 +1,3 @@
 # Locally computed
-sha256  ed132bcc226261a595469f5ca6d4ea20b02965867216b56d4e7a5962efb46570  docker-compose-2.24.5.tar.gz
+sha256  931bfcc34eb43106be07787372bb853d4cd82830a5785f3049c5192ab0e4ac35  docker-compose-2.24.7.tar.gz
 sha256  58d1e17ffe5109a7ae296caafcadfdbe6a7d176f0bc4ab01e12a689b0499d8bd  LICENSE
diff --git a/package/docker-compose/docker-compose.mk b/package/docker-compose/docker-compose.mk
index 947f09d0b3..5417ba2d4f 100644
--- a/package/docker-compose/docker-compose.mk
+++ b/package/docker-compose/docker-compose.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-DOCKER_COMPOSE_VERSION = 2.24.5
+DOCKER_COMPOSE_VERSION = 2.24.7
 DOCKER_COMPOSE_SITE = $(call github,docker,compose,v$(DOCKER_COMPOSE_VERSION))
 DOCKER_COMPOSE_LICENSE = Apache-2.0
 DOCKER_COMPOSE_LICENSE_FILES = LICENSE