A display device includes: a first insulation substrate; an insulating layer disposed on the first insulation substrate; a pixel electrode including a first subpixel electrode including a first subregion electrode disposed on the insulating layer and a second subregion electrode disposed below the insulating layer, and a second subpixel electrode disposed on the insulating layer, wherein a first voltage is applied to the first subpixel electrode and a second voltage is applied to the second subpixel; a second insulation substrate facing the first insulation substrate; and a common electrode disposed on the second insulation substrate and configured to receive a common voltage, wherein the second subregion electrode overlaps a portion of the second subpixel electrode.