A display panel with a less costly backup arrangement for failed light-emitting elements and a driving method thereof are disclosed. The display panel includes a plurality of pixels. Each pixel includes a plurality of main sub-pixels and a backup sub-pixel. For any one of the pixels, if there is a failed main sub-pixel, the backup sub-pixel is activated and configured for cooperating with non-failed main sub-pixels to output metamerized light of a desired target color in order that no change in color or brightness is perceived by a viewer.