The invention discloses a transparent array substrate, a transparent display panel, a display panel and a display terminal. The transparent array substrate comprises a substrate, a pixel circuit, a first electrode, scanning lines and data lines, wherein the pixel circuit is arranged on the substrate, the first electrode is arranged on the pixel circuit and comprises a plurality of first electrodes, the scanning lines and the data lines are connected with the pixel circuit, the data lines and / or the scanning lines are arranged below the first pixel layer, the projection of the data lines on thesubstrate is first projection, the projection of the scanning lines is second projection, the projection of the plurality of first electrodes on the substrate is third projection, the first projection and the third projection are partially coincided and / or the second projection and the third projection are partially coincided, and the first electrodes, the scanning lines and the data lines are all transparent conductive materials. The data lines, the scanning lines and the first electrodes are arranged at different layers, the projection are arranged at edges of the first electrodes, thus, diffraction is reduced, meanwhile, the effective light-emitting areas of the first electrodes are expanded, and the aperture can be improved.