Improving economic growth and study the factors affecting production has been one of the main concerns of economists in any period of time, especially in recent  decades. Recently, improving the relationship between people and reduce the  possibility of conflicts in human relations have been considered by institutional economists. Having desirable economic growth has been one of precedences any economic regime. In order to achieve this goal, economists have tried determining effective factors on production. First there was most emphasis on capital and labor but gradually, institutional factors such as economic security being introduced as one of determining factors of economic growth. In this regard, we investigate effect of economic security on gross domestic product among selected countries of G77 for period 1996-2011. The results show that effect of economic security on gross  domestic product of surveyed countries is positive and significant. Also, the variables of capital stock, human capital, FDI stock and natural resources have positive and significant effects on gross domestic production.