Based on ERA5 and 23 CMIP6 models under three Shared Socioeconomic Pathways (SSPs), we assess the performance of CMIP6 models in reproducing the summer precipitation, evaporation and precipitation recycling ratio (PRR) over the Tibetan plateau (TP) during 1981–2014. We also project future changes of the summer precipitation, evaporation, PRR and moisture transport over the TP during 2021–2100. CMIP6 models and their ensemble mean to reproduce the temporal and spatial characteristics of precipitation, evaporation, PRR and moisture transport over the TP. And the performance in simulating precipitation is better than that in simulating evaporation and PRR. The precipitation and evaporation under the three SSPs will increase, with the significant upward trends of 0.84%/decade ~2.79%/decade and 0.80%/decade ~2.14%/decade, respectively. However, the PRR will increase slightly (0.13%/decade) and then marginally reduce (−0.22%/decade). In the late 21st century, regional mean summer precipitation, evaporation and PRR over the TP in SSP5‐8.5 will change by about 20.13%, 17.14%, and −0.77%, respectively. From spatial distribution, precipitation will increase in most parts of the TP in the 21st century, especially in the western part of the plateau, reaching more than 50% in of the late 21st century, the area of PRR decreased gradually expanded, with the maximum reduction (15%–20%) of PRR in the western region. It indicates that more precipitation in the western of the plateau depends on the external moisture transport. The PRR in the southern part of the plateau will increase, with a maximum of more than 20%, which indicates the contribution of the external water vapour transport to the southern precipitation will decrease, and that of the internal cycle (local evaporation) to the local precipitation will increase. In conclusion, the increase of the regional mean precipitation over the TP in the near and mid‐21st century is mainly due to the local evaporation, while the increase of the summer precipitation in the late 21st century is due to both the local evaporation and the external water vapour advection, it shows that the precipitation generated by the inner circulation is becoming weaker and more dependent on the external water vapour transport.