Currently, the analysis of the modern concept of economic security and different economic approaches to economic security of the state became as urgent as it has never been earlier. The modern concept of economic security is understood as the state of the economic system that allows it to develop in a sustainable, dynamically way and to solve the problems so that the state will have the possibility to develop and to implement effectively its economic objectives. Thus, we found out that economic security can be analysed throughout two main approaches: microeconomic and macroeconomic. Both approaches focus on main macroeconomic indicators that we had as an aim to analyse and to quantify the general economic security. Despite the quantitative indicators, we concluded that there are three most important qualitative indicators: economic independence; the economic stability and sustainability; the ability to progress. These are crucial in a rapidly developing world.