The 1992 Individual Speedway Junior World Championship was the 16th edition of the World motorcycle speedway Under-21 Championships.

The final was won by Leigh Adams of Australia after he defeated Mark Loram in a run-off for the title. The meeting had been delayed following a thunderstorm and the track remained wet which made overtaking difficult.

World final 23 August 1992 Speedway Stadion Pfaffenhofen, Pfaffenhofen an der Ilm

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