Disclosed herein is a phosphor paste composition, which includes a phosphor, a dispersant, and a binder solution composed of a solvent and an organic binder, in which the dispersant includes iso-octylphenol ethoxylated phosphoric acid, phosphate ester of a block copolymer of nonylphenol and polyoxyethyleneglycol, or phosphate ester containing an acryl backbone. In addition, a display device using the phosphor paste composition is provided. The phosphor paste composition of this invention can be applied to various phosphor screens for display devices and to display devices, thus increasing high physical properties, including luminance, and greatly improving workability.