The present disclosure relates to the technical field of display technology, and provides a display panel and a display device for increasing a light transmittance and improving a transparent display effect of the display panel. The display panel includes a display layer having a light-transmitting region and a light-emitting region. The display panel also includes a first light adjustment layer disposed on a first surface of the display layer. With respect to light propagating into the display layer via the first surface, at least one portion of the light, which is directed towards the light-emitting region, is redirected by the first light adjustment layer to pass through the light-transmitting region.