Multi-bit phase shifters are typically implemented by cascading multiple phase-shifting units, therefore incurring large dimensions and higher insertion losses. This paper presents highly compact single-unit two-bit reflection-type phase shifters (SUTBRTPSs), with large phase shifts range and lower insertion loss by using only one 3-dB hybrid coupler, unlike traditional multi-bit reflection-type phase shifters. To achieve this, two identical dual-voltage controlled reactance blocks (DVCRBs) are loaded to the 3-dB hybrid directional coupler at through and coupled ports, and 04 states of phase shifts are obtained between the input and isolated ports. Each DVCRB consists of 03 open-circuited transmission lines and switching p-i-n diodes and provides half of the required susceptance to achieve the desired phase shifts. Design theory is presented in detail, and for validation and demonstration, two typical SUTBRTPSs (0°/45°/90°/135° and 0°/22.5°/180°/202.5°) are designed, fabricated and measured. Being implemented in a single-unit structure, the proposed method yields highly compact dimensions of 0.44 λg × 0.46 λg and 0.54 λg × 0.46 λg, respectively. The simulation and measurements results are in good agreement and indicate maximum insertion losses of 1.7 and 2.1 dB with a return loss better than 20 dB and phase error of less than 1.5°.