The single peaked at number 16 on the UK Singles Chart, number 59 in Canada and number 46 in Sweden. Worldwide, it was released as the second single from the soundtrack after " Step by Step". The single was certified Platinum for the shipments of 1,000,000 copies or more by the Recording Industry Association of America (RIAA) on February 4, 1997, becoming Houston's fourth Platinum single. Additionally, "I Believe in You and Me/Somebody Bigger Than You and I" two-sided single placed at position number twenty-nine on the 1997 Billboard Year-end Hot R&B Singles chart. The song was ranked thirty-three on the 1997 Billboard Year-end Hot 100 Singles chart. The song entered the Billboard Adult Contemporary chart at number 19, the issue date of Decemand peaked at number two, making it her 21st top ten hit of the chart, the issue date of March 1, 1997. The following week, it also reached a peak of number four on the Billboard Hot 100 chart, becoming Houston's 16th top five hit. It peaked at number four on the Billboard Hot R&B chart, staying on the chart for 20 weeks. Four weeks later, on January 25, 1997, it was released in the R&B marketplace as a two-sided single with "Somebody Bigger Than You and I" from the soundtrack. "I Believe in You and Me", the first single from The Preacher's Wife Soundtrack, debuted at number seven and number six, on the US Billboard Hot 100 and Hot R&B Singles charts, the issue date of December 28, 1996, respectively.