A flexible display panel includes: a flexible substrate, a thin film transistor layer, a light-emitting layer, an encapsulation layer located on one side of the flexible substrate successively, the flexible display panel includes a bending area where a neutral layer adjusting layer is located on the side of the flexible substrate away from the light-emitting layer; when the bending area is a first bending area, the neutral layer adjusting layer adjusts position of neutral layer in the first bending area to the encapsulation layer; when the bending area is a second bending area, the neutral layer adjusting layer adjusts position of neutral layer in the second bending area to the thin film transistor layer; the first bending area is an area where the flexible substrate is bent away from the light-emitting layer, and the second bending area is an area where the flexible substrate is bent toward the light-emitting layer.