Oh well, it could be worse.

哎，算了，情况本可能会更糟的。

《柯林斯英汉双解大词典》

It's not the ideal situation, but it could be worse.

虽然不是最理想的，但是也不是最糟糕的。

youdao

It could be worse this time, he believes, because the crisis is more widespread.

他认为，这次情况将更为恶劣，因为本次金融危机波及范围更广。

youdao

Are you encouraged by what you've seen today, it sounded, from Richard Wells, as though it could be worse?

BBC: The Deputy Prime Minister, John Prescott

Still, it could be worse: Mr Grasso's last prominent directorship was at Computer Associates, a company plagued by dubious accounting and mismanaged stock options.

ECONOMIST: Wall Street

In fact, it could be worse and you'd never know it.

CNN: Is your bottled water safe?