diff --git a/stdlib/LibGit2/src/LibGit2.jl b/stdlib/LibGit2/src/LibGit2.jl
index 133407b9a2ac4..38175f1c3eb7b 100644
--- a/stdlib/LibGit2/src/LibGit2.jl
+++ b/stdlib/LibGit2/src/LibGit2.jl
@@ -978,7 +978,7 @@ end
 
     atexit() do
         # refcount zero, no objects to be finalized
-        if Threads.atomic_sub!(REFCOUNT, 1) >= 1
+        if Threads.atomic_sub!(REFCOUNT, 1) == 1
             ccall((:git_libgit2_shutdown, :libgit2), Cint, ())
         end
     end