The paper represents an issue of psychological well-being as an important aspect of psycho-physical health, its relation to stress coping ability of a personality and other emotional or behavioral problems. Here are reviewed some contemporary approaches of modern western studies on adolescents' well-being, its developmental and some cultural differences.

The paper reflects different approaches of the researches implemented on adolescents examined the interaction effects of sex and locus of control orientation on the relationship between perceived social stress and psychological well-being: "external" oriented adolescents are more likely to be tend to distress than "internals" with female adolescents showing greater externality. In relation to psychological well-being in the article are also discussed such personality attributes as self-esteem, control belief, optimism or pessimism, extraversion or introversion.

There is shown the evidence and perspectives of the research of Georgian adolescents' well-being with respect to identify its relation to their everyday life.