The men's 5000 metres walk event at the 1989 IAAF World Indoor Championships was held at the Budapest Sportcsarnok in Budapest on 5 March.
Results edit
| Rank | Name | Nationality | Time | Notes |
|---|---|---|---|---|
 |
Mikhail Shchennikov |  Soviet Union |
18:27.10 | WR, CR |
 |
Roman Mrázek |  Czechoslovakia |
18:28.90 | PB |
 |
Frants Kostyukevich | Soviet Union |
18:34.07 | PB |
| 4 | Sándor Urbanik |  Hungary |
18:34.77 | NR |
| 5 | Giovanni De Benedictis |  Italy |
18:40.87 | NR |
| 6 | Pavol Blažek | Czechoslovakia |
18:41.34 | PB |
| 7 | Simon Baker |  Australia |
19:24.12 | PB |
| 8 | Andrew Jachno | Australia |
189:25.24 | PB |
| 9 | Jimmy McDonald |  Ireland |
19:25.24 | NR |
| 10 | Alberto Cruz |  Mexico |
20:18.99 | |
| 11 | Ignacio Zamudio | Mexico |
21:06.14 | |
| José Urbano |  Portugal |
DQ |