A display device includes a substrate, a thin film transistor, a first electrode, an organic light emitting layer, a second electrode and a black matrix layer which is includes a shielding area and an opening area. The opening area is formed in a position corresponding to an emission area where light is emitted from the organic light emitting layer and the shielding area includes a variable light shielding unit which is adjacent to the opening area and has a light transmittance varying in accordance with a wavelength of incident light and a light shielding unit with a constant light transmittance.