diff --git a/localstack-core/localstack/services/secretsmanager/provider.py b/localstack-core/localstack/services/secretsmanager/provider.py
index 2bbc1fa62fcd1..dd1c113dcd032 100644
--- a/localstack-core/localstack/services/secretsmanager/provider.py
+++ b/localstack-core/localstack/services/secretsmanager/provider.py
@@ -1,10 +1,11 @@
 from __future__ import annotations
 
+import base64
 import json
 import logging
 import re
 import time
-from typing import Final, Optional, Union
+from typing import Any, Dict, Final, Optional, Union
 
 import moto.secretsmanager.exceptions as moto_exception
 from botocore.utils import InvalidArnException
@@ -246,6 +247,7 @@ def get_secret_value(
         self._raise_if_default_kms_key(secret_id, context, backend)
         try:
             response = backend.get_secret_value(secret_id, version_id, version_stage)
+            response = decode_secret_binary_from_response(response)
         except moto_exception.SecretNotFoundException:
             raise ResourceNotFoundException(
                 f"Secrets Manager can't find the specified secret value for staging label: {version_stage}"
@@ -863,6 +865,13 @@ def get_resource_policy_response(self):
     return self.backend.get_resource_policy(secret_id=secret_id)
 
 
+def decode_secret_binary_from_response(response: Dict[str, Any]):
+    if "SecretBinary" in response:
+        response["SecretBinary"] = base64.b64decode(response["SecretBinary"])
+
+    return response
+
+
 def delete_resource_policy_model(self, secret_id):
     if self._is_valid_identifier(secret_id):
         self.secrets[secret_id].policy = None
diff --git a/tests/aws/services/secretsmanager/test_secretsmanager.py b/tests/aws/services/secretsmanager/test_secretsmanager.py
index ab55402a39bb7..7ea2d4042a14e 100644
--- a/tests/aws/services/secretsmanager/test_secretsmanager.py
+++ b/tests/aws/services/secretsmanager/test_secretsmanager.py
@@ -1,3 +1,4 @@
+import base64
 import json
 import logging
 import os
@@ -2395,6 +2396,48 @@ def test_get_secret_value_errors(self, aws_client, create_secret, sm_snapshot):
             )
         sm_snapshot.match("mismatch_version_id_and_stage", exc.value.response)
 
+    @markers.aws.validated
+    @markers.snapshot.skip_snapshot_verify(paths=["$..CreatedDate"])
+    def test_get_secret_value(
+        self, aws_client, aws_http_client_factory, region_name, create_secret, sm_snapshot
+    ):
+        secret_name = short_uid()
+        secret_string = "footest"
+        secret_string_b64_encoded = base64.b64encode(secret_string.encode())
+
+        response = create_secret(
+            Name=secret_name,
+            SecretBinary=secret_string,
+        )
+
+        sm_snapshot.add_transformers_list(
+            sm_snapshot.transform.secretsmanager_secret_id_arn(response, 0)
+        )
+
+        secret_arn = response["ARN"]
+
+        secret_value_response = aws_client.secretsmanager.get_secret_value(SecretId=secret_arn)
+
+        sm_snapshot.match("secret_value_response", secret_value_response)
+
+        assert secret_value_response["SecretBinary"] == secret_string.encode()
+
+        client = aws_http_client_factory(
+            "secretsmanager", region=region_name, signer_factory=SigV4Auth
+        )
+        parameters = {"SecretId": secret_name}
+
+        headers = {
+            "X-Amz-Target": "secretsmanager.GetSecretValue",
+            "Content-Type": "application/x-amz-json-1.1",
+        }
+
+        response = client.post("/", data=json.dumps(parameters), headers=headers)
+        json_response = response.json()
+        sm_snapshot.match("secret_value_http_response", json_response)
+
+        assert json_response["SecretBinary"] == str(secret_string_b64_encoded, encoding="utf-8")
+
 
 class TestSecretsManagerMultiAccounts:
     @markers.aws.validated
diff --git a/tests/aws/services/secretsmanager/test_secretsmanager.snapshot.json b/tests/aws/services/secretsmanager/test_secretsmanager.snapshot.json
index 654835b37ad2f..5dae9de4b67e0 100644
--- a/tests/aws/services/secretsmanager/test_secretsmanager.snapshot.json
+++ b/tests/aws/services/secretsmanager/test_secretsmanager.snapshot.json
@@ -4509,5 +4509,34 @@
       "get_secret_value_version_not_found_ex": "An error occurred (ResourceNotFoundException) when calling the GetSecretValue operation: Secrets Manager can't find the specified secret value for VersionId: <version-id>",
       "get_secret_value_stage_not_found_ex": "An error occurred (ResourceNotFoundException) when calling the GetSecretValue operation: Secrets Manager can't find the specified secret value for staging label: AWSPENDING"
     }
+  },
+  "tests/aws/services/secretsmanager/test_secretsmanager.py::TestSecretsManager::test_get_secret_value": {
+    "recorded-date": "19-09-2024, 20:19:26",
+    "recorded-content": {
+      "secret_value_response": {
+        "ARN": "arn:<partition>:secretsmanager:<region>:111111111111:secret:<SecretId-0idx><ArnPart-0idx>",
+        "CreatedDate": "datetime",
+        "Name": "<SecretId-0idx>",
+        "SecretBinary": "b'footest'",
+        "VersionId": "<version_uuid:1>",
+        "VersionStages": [
+          "AWSCURRENT"
+        ],
+        "ResponseMetadata": {
+          "HTTPHeaders": {},
+          "HTTPStatusCode": 200
+        }
+      },
+      "secret_value_http_response": {
+        "ARN": "arn:<partition>:secretsmanager:<region>:111111111111:secret:<SecretId-0idx><ArnPart-0idx>",
+        "CreatedDate": 1726777166.068,
+        "Name": "<SecretId-0idx>",
+        "SecretBinary": "Zm9vdGVzdA==",
+        "VersionId": "<version_uuid:1>",
+        "VersionStages": [
+          "AWSCURRENT"
+        ]
+      }
+    }
   }
 }
diff --git a/tests/aws/services/secretsmanager/test_secretsmanager.validation.json b/tests/aws/services/secretsmanager/test_secretsmanager.validation.json
index 36d3037db8efe..988c7809c65b1 100644
--- a/tests/aws/services/secretsmanager/test_secretsmanager.validation.json
+++ b/tests/aws/services/secretsmanager/test_secretsmanager.validation.json
@@ -44,6 +44,9 @@
   "tests/aws/services/secretsmanager/test_secretsmanager.py::TestSecretsManager::test_get_random_exclude_characters_and_symbols": {
     "last_validated_date": "2024-03-15T08:12:01+00:00"
   },
+  "tests/aws/services/secretsmanager/test_secretsmanager.py::TestSecretsManager::test_get_secret_value": {
+    "last_validated_date": "2024-09-19T20:19:26+00:00"
+  },
   "tests/aws/services/secretsmanager/test_secretsmanager.py::TestSecretsManager::test_get_secret_value_errors": {
     "last_validated_date": "2024-04-11T05:37:47+00:00"
   },