An optical compensation film includes: a first layer having positive birefringence; a second layer on the first layer and having negative birefringence; and a third layer on the second layer and having positive birefringence. A retardation value of the optical compensation film for incident light having a wavelength of about 550 nm is about 135 nm to about 145 nm, and a ratio of a thickness of the first layer or of the third layer to a thickness of the second layer is about 1.1 to 2.2.