A flexible display panel and a method of manufacturing the same are disclosed. In one aspect, the flexible display panel includes a flexible substrate including a bending area, a display unit formed over the flexible substrate, and a thin film encapsulation layer covering the display unit. The flexible display panel further includes a wiring layer electrically connected to the display unit and formed over the bending area and a stress-neutralizing layer formed over the flexible substrate. The stress-neutralizing layer is configured such that a compressive stress is applied to the wiring layer when the bending area is bent. The stress-neutralizing layer includes a layer formed of the same material as the thin film encapsulation layer.