A display device includes a first substrate, a second substrate that faces the first substrate, an active element layer disposed on a first surface of the first substrate that faces the second substrate and includes a first through-hole that penetrates therethrough in a thickness direction, and an anti-reflection member disposed on a second surface of the second substrate that faces the first substrate, overlaps the first through-hole, and is spaced apart from the first through-hole. The anti-reflection member includes a first refractive layer disposed on a second surface of the second substrate and that has a refractive index greater than a refractive index of the second substrate, and a second refractive layer disposed on the first refractive layer and that has a refractive index less than the refractive index of the first refractive layer.