The finite-difference time-domain (FDTD) method has been widely used for the electromagnetic wave analysis of complex media. Conventional FDTD analyses of very thin two-dimensional (2D) dispersive materials require overwhelming computing resources because they should use very refined FDTD spatial grids. In this work, we propose a computationally efficient and unified FDTD formulation for 2D dispersive materials based on a combination of the generalized sheet transition condition (GSTC) and the modified Lorentz dispersion model. The proposed FDTD formulation can lead to a significant improvement in computational efficiency compared to the conventional FDTD method, while maintaining high accuracy. Numerical examples validate the improved computational efficiency of the proposed FDTD formulation.